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Question 12

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

  • A.N400
  • B.N80.00
  • C.N40.00
  • D.N20.00
  • E.N60.00
Objective

Question details

Exam body
UNIZIK
Subject
Economics
Year
2013/2014 Day 2
Question no.
#12
Type
Objective
Previous · Q11An aspect of taxation that involves normative economics is the

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