Post Utme Wellspring University 2022 Economics Question 19
Practice objective / multiple choice question 19 from the 2022 Post Utme Wellspring University Economics examination.
A firm is considering two different production processes. Process A has a fixed \cost of ₦50,000 and a variable \cost of ₦100 per unit. Process B has a fixed \cost of ₦75,000 and a variable \cost of ₦80 per unit. If the firm produces 1,000 units, which process will result in lower total \cost?
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About This Question
This is Post Utme Wellspring University 2022 Economics Question 19. It is one of the objective questions from the 2022 Post Utme Wellspring University Economics examination.
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