Post Utme Aaua 2017 Economics Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Aaua Economics examination.

Post Utme Aaua 2017 Economics Objective / Multiple Choice
Question 19 POST_UTME_AAUA • 2017 • ECONOMICS • objective

A firm is considering two investment projects, A and B. Project A requires an initial investment of ₦100,000 and is expected to generate a return of ₦120,000 per year for 5 years. Project B requires an initial investment of ₦150,000 and is expected to generate a return of ₦180,000 per year for 5 years. Which project should the firm choose?

Answer Options

Correct Answer A. Project A
B. Project B
C. Both projects are equally attractive
D. Neither project is attractive
Correct Answer
A
Correct Option:
Project A

About This Question

This is Post Utme Aaua 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Aaua Economics examination.

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