Post Utme Bells University 2022 Commerce Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Bells University Commerce examination.

Post Utme Bells University 2022 Commerce Objective / Multiple Choice
Question 22 POST_UTME_BELLS_UNIVERSITY • 2022 • COMMERCE • objective

A company is considering two different production processes for its new product. Process A requires an initial investment of ₦10 million and generates a profit of ₦2 million per year. Process B requires an initial investment of ₦5 million and generates a profit of ₦3 million per year. Which process should the company choose?

Answer Options

A. Process A
Correct Answer B. Process B
C. Both processes are equally profitable
D. Neither process is profitable
Correct Answer
B
Correct Option:
Process B

About This Question

This is Post Utme Bells University 2022 Commerce Question 22. It is one of the objective questions from the 2022 Post Utme Bells University Commerce examination.

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