Neco Model Questions Vol1 2017 Economics Question 34
Practice objective / multiple choice question 34 from the 2017 Neco Model Questions Vol1 Economics examination.
A shop incurs a fixed cost of ₦20,000 per month and a variable cost of ₦150 for each unit produced. If the shop produces 200 units in a month, what is the average total cost per unit (in naira, rounded to the nearest naira)?
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About This Question
This is Neco Model Questions Vol1 2017 Economics Question 34. It is one of the objective questions from the 2017 Neco Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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