POST UTME DELSU 2025 Commerce | Objective

Practice these randomly selected questions to test your readiness.

Question 1
A company has a budget constraint of ₦100,000 to spend on advertising and marketing. If the price of advertising is ₦50 per unit, and the price of marketing is ₦75 per unit, and the company wants to spend at least ₦20,000 on advertising, how much will it spend on marketing?
A. ₦30,000
B. ₦35,000
C. ₦40,000
D. ₦45,000
Question 2
In a foreign trade transaction, a Nigerian exporter agrees to sell 1000 units of goods to a foreign buyer at a price of 10 per unit. However, due to a change in market conditions, the exporter wants to renegotiate the price. If the exporter is willing to accept a lower price, which of the following options would be a better alternative?
A. 8 per unit
B. 9 per unit
C. 11 per unit
D. 12 per unit
Question 3
A production company produces two products, A and B. Product A requires 2 hours of labor and 1 hour of machine time, while product B requires 1 hour of labor and 2 hours of machine time. If the company has 10 hours of labor and 12 hours of machine time available, how many units of product A and product B should the company produce to maximize profit?
A. 10 units of A and 12 units of B
B. 12 units of A and 10 units of B
C. 15 units of A and 9 units of B
D. 9 units of A and 15 units of B
Question 4
A consumer has a budget constraint of 100 units of currency and a preference for two goods, A and B. The prices of the goods are 5 units of currency for A and 10 units of currency for B. Using the budget constraint, what is the maximum amount of good A the consumer can buy?
A. 10 units of good A
B. 20 units of good A
C. 30 units of good A
D. 40 units of good A
Question 5
A firm is considering two different advertising strategies for its new product. Strategy A involves a one-time payment of ₦1.5 million for a 30-second commercial during a popular TV show, while Strategy B involves a monthly payment of ₦50,000 for a series of 10 commercials on social media. If the firm expects to sell 5,000 units of the product per month, and each unit sells for ₦2,500, what is the minimum number of months the firm must operate to break even, assuming both strategies have the same monthly fixed costs?
A. 3 months
B. 6 months
C. 9 months
D. 12 months
Question 6
The concept of comparative advantage in international trade suggests that countries should specialize in producing goods for which they have a lower opportunity cost. Which of the following countries is likely to specialize in producing textiles?
A. Country A, which has a lower opportunity cost of producing textiles
B. Country B, which has a higher opportunity cost of producing textiles
C. Country C, which has a similar opportunity cost of producing textiles
D. Country D, which has a lower opportunity cost of producing electronics
Question 7
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is labor, and K is capital. If the firm wants to produce 100 units of output, how much labor should it hire if it has 4 units of capital?
A. 10 units of labor
B. 20 units of labor
C. 30 units of labor
D. 40 units of labor
Question 8
A company has a warehouse with a capacity of 10,000 units. If 8,000 units are already stored, what is the percentage of available space?
A. 20%
B. 30%
C. 40%
D. 50%
Question 9
A consumer protection agency receives a complaint from a customer who purchased a defective product. The product was sold with a one-year warranty, but the customer claims that the product failed after only six months of use. Which of the following options is the most appropriate course of action for the agency?
A. Request the manufacturer to replace the product
B. Request the manufacturer to provide a refund
C. Request the manufacturer to provide a partial refund
D. Close the case as the warranty period has expired
Question 10
In a sole proprietorship, the owner's personal assets are not protected from business liabilities. What is the primary reason for this?
A. The business is not registered as a separate entity.
B. The owner has not obtained necessary licenses.
C. The owner's personal assets are not separated from business assets.
D. The business is not insured against liabilities.
Question 11
A firm's revenue function is given by R = 2Q^2, where R is revenue and Q is quantity produced. If the firm produces 20 units of output, what is its revenue?
A. 80 units of revenue
B. 100 units of revenue
C. 120 units of revenue
D. 140 units of revenue
Question 12
A company is considering two different modes of transportation for its goods: road and rail. Which of the following is a key advantage of rail transportation?
A. Rail transportation is faster than road transportation.
B. Rail transportation is more environmentally friendly than road transportation.
C. Rail transportation is more cost-effective than road transportation.
D. Rail transportation is more reliable than road transportation.
Question 13
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm wants to produce 16 units of output, and the price of labor is ₦100 per unit, and the price of capital is ₦200 per unit, how much will it cost the firm to produce 16 units of output?
A. ₦1600
B. ₦3200
C. ₦6400
D. ₦12800
Question 14
A sole trader has a profit of ₦200,000 and a loss of ₦50,000 in two consecutive years. What is the net profit?
A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Question 15
A company has a warehouse with a capacity to store 1000 units of goods. If the company receives an order for 800 units of goods, what is the probability that the warehouse will be full?
A. 0.8
B. 0.6
C. 0.4
D. 0.2

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