Waec Model Questions Vol1 2023 Civic Education Question 18

Practice objective / multiple choice question 18 from the 2023 Waec Model Questions Vol1 Civic Education examination.

Waec Model Questions Vol1 2023 Civic Education Objective / Multiple Choice Hard Difficulty
Question 18 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • CIVIC_EDUCATION • objective

A civil servant can earn a monthly salary of ₦300,000. He is offered a bribe of ₦200,000 to expedite a routine permit. The probability of being caught is 0.10. If caught, the law imposes a fine of ₦500,000 and dismissal, which means loss of the monthly salary for that month. Assuming the civil servant evaluates only the expected monetary outcome for the current month, should he accept the bribe? Show the expected net gain or loss compared with remaining honest.

Answer Options

A. No; the expected monetary loss is ₦100,000 (₦200,000 expected with bribe versus ₦300,000 honest).
B. No; the expected monetary loss is ₦50,000 (₦250,000 expected with bribe versus ₦300,000 honest).
Correct Answer C. Yes; the expected monetary gain is ₦100,000 (₦400,000 expected with bribe versus ₦300,000 honest).
D. Yes; the expected monetary gain is ₦200,000 (₦500,000 expected with bribe versus ₦300,000 honest).
Correct Answer
C
Correct Option:
Yes; the expected monetary gain is ₦100,000 (₦400,000 expected with bribe versus ₦300,000 honest).

About This Question

This is Waec Model Questions Vol1 2023 Civic Education Question 18. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

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