Post Utme Unn 2022 Commerce Question 12
Practice objective / multiple choice question 12 from the 2022 Post Utme Unn Commerce examination.
A firm is considering two production methods: a traditional method and a modern method. The traditional method has a fixed cost of ₦500,000 and a variable cost of ₦100 per unit. The modern method has a fixed cost of ₦1,000,000 and a variable cost of ₦50 per unit. If the firm produces 10,000 units, which method should it choose?
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About This Question
This is Post Utme Unn 2022 Commerce Question 12. It is one of the objective questions from the 2022 Post Utme Unn Commerce examination.
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