Waec Model Questions Vol1 2018 Commerce Question 10
Practice objective / multiple choice question 10 from the 2018 Waec Model Questions Vol1 Commerce examination.
A manager must send a confidential report worth ₦200,000 to a branch 800 km away. He can either use a courier that costs ₦5,000 and takes 3 days with no risk of loss, or electronic mail that costs ₦2,000 but carries a 5 % chance of the report being intercepted and lost (in which case the full value is lost). Considering expected monetary loss, which method should he choose?
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About This Question
This is Waec Model Questions Vol1 2018 Commerce Question 10. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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