Post Utme Babcock University 2024 Commerce Question 24
Practice objective / multiple choice question 24 from the 2024 Post Utme Babcock University Commerce examination.
A company in Nigeria is considering importing goods from a foreign country. The company has two options: Option A, which involves a 10% duty on the total cost of the goods; and Option B, which involves a 5% duty on the total cost of the goods. If the total cost of the goods is ₦50,000, which option should the company choose to minimize the cost?
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About This Question
This is Post Utme Babcock University 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Babcock University Commerce examination.
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