Post Utme Bsu 2023 Commerce Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Bsu Commerce examination.

Post Utme Bsu 2023 Commerce Objective / Multiple Choice
Question 33 POST_UTME_BSU • 2023 • COMMERCE • objective

A consumer purchases a product for ₦10,000. The product is covered by a warranty that lasts for 2 years. If the product fails within the warranty period, the consumer is entitled to a refund of ₦5,000. What is the expected value of the warranty?

Answer Options

A. ₦2,500
Correct Answer B. ₦5,000
C. ₦7,500
D. ₦10,000
Correct Answer
B
Correct Option:
₦5,000

About This Question

This is Post Utme Bsu 2023 Commerce Question 33. It is one of the objective questions from the 2023 Post Utme Bsu Commerce examination.

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