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Question 0

In a small scale business, the fixed cost is N5,000, variable cost is N15,000 and the output is 500 units. What will be the unit cost of the goods?

  • A.N400.00
  • B.N80.00
  • C.N40.00
  • D.N20.00
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2000
Question no.
#0
Type
Objective
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