Post Utme Al Hikmah University 2018 Commerce Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2018 Commerce Objective / Multiple Choice
Question 13 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • COMMERCE • objective

A company is considering the introduction of a new product. The product's demand is expected to be 1000 units in the first year, increasing by 20% each year for the next 5 years. If the company wants to maximize its profit, which of the following production levels would be most appropriate?

Answer Options

A. 1000 units
B. 1200 units
Correct Answer C. 1500 units
D. 2000 units
Correct Answer
C
Correct Option:
1500 units

About This Question

This is Post Utme Al Hikmah University 2018 Commerce Question 13. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Commerce examination.

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