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Question 26

In a small scale business, the fixed cost is N5000, variable cost is N15,000 and the output is 500units. What will be the unit cost of the goods

  • A.400
  • B.N80
  • C.N40
  • D.N20
Objective

Question details

Exam body
UNIPORT
Subject
Economics
Year
2009/2010
Question no.
#26
Type
Objective
Previous · Q25In a planned economy, what shall be produced is determined primarily by

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