Neco Model Questions Vol1 2024 Commerce Question 29
Practice objective / multiple choice question 29 from the 2024 Neco Model Questions Vol1 Commerce examination.
A retailer sells a product for \(\text{₦}5,000\) per unit. The variable cost per unit is \(\text{₦}3,200\) and the fixed costs are \(\text{₦}1,200,000\) per year. How many units must be sold to break even? (Round up to the nearest whole unit.)
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About This Question
This is Neco Model Questions Vol1 2024 Commerce Question 29. It is one of the objective questions from the 2024 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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