Neco 2017 Economics Question 34

Practice objective / multiple choice question 34 from the 2017 Neco Economics examination.

Neco 2017 Economics Objective / Multiple Choice Easy Difficulty
Question 34 NECO • 2017 • ECONOMICS • objective

A firm incurs fixed costs of \(200{,}000\) Naira and a variable cost of \(150\) Naira per unit produced. If the firm produces \(1{,}200\) units, calculate its total cost in Naira.

Answer Options

A. 200180
B. 3800000
Correct Answer C. 380000
D. 218000
Correct Answer
C
Correct Option:
380000

About This Question

This is Neco 2017 Economics Question 34. It is one of the objective questions from the 2017 Neco Economics examination.

Difficulty level: Easy .

View More Neco 2017 Economics Questions More Neco Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support