POST UTME EKSU 2025 Commerce | Objective

Practice these randomly selected questions to test your readiness.

Question 1
A company is considering launching a new product. What is the primary factor to consider in this decision?
A. Market demand and competition
B. Production costs and feasibility
C. Marketing and advertising strategies
D. Financial resources and budget
Question 2
A firm's demand function is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm wants to maximize its revenue, what price should it charge?
A. ₦20
B. ₦30
C. ₦40
D. ₦50
Question 3
A firm's cost function is given by C = 2L + 3H, where C is the total cost, L is the labor input, and H is the capital input. If the firm wants to minimize its cost, and it has 2 units of labor available, how many units of capital should it hire?
A. 1
B. 2
C. 3
D. 4
Question 4
A company has a marketing budget of ₦10 million. The company wants to allocate the budget across three different marketing channels: social media, email marketing, and print advertising. If the company wants to allocate 40% of the budget to social media, 30% to email marketing, and 30% to print advertising, how much will each channel receive?
A. ₦4 million for social media, ₦3 million for email marketing, ₦3 million for print advertising
B. ₦3.5 million for social media, ₦3 million for email marketing, ₦3.5 million for print advertising
C. ₦4 million for social media, ₦3 million for email marketing, ₦3 million for print advertising
D. ₦3 million for social media, ₦3.5 million for email marketing, ₦3.5 million for print advertising
Question 5
A sole trader is considering hiring employees to help with the business. What is the primary advantage of hiring employees?
A. Increased productivity
B. Reduced labor costs
C. Improved work-life balance
D. Enhanced company reputation
Question 6
A consumer has a utility function given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget is 100, and the prices of the two goods are 5 and 10 respectively, how much of good x should the consumer consume?
A. 10
B. 20
C. 30
D. 40
Question 7
A consumer purchases a product with a price of ₦5,000 and a 10% discount. What is the amount paid by the consumer?
A. ₦4,500
B. ₦4,750
C. ₦5,000
D. ₦5,250
Question 8
A company uses a transportation mode that involves the movement of goods by road. What is the primary advantage of this mode?
A. Flexibility in route planning
B. Reduced transit times
C. Lower transportation costs
D. Increased security
Question 9
A firm has a production function given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm wants to produce 16 units of output, and it has 4 units of labor available, how many units of capital are required?
A. 4
B. 8
C. 16
D. 32
Question 10
A sole trader's business is considered a separate legal entity from its owner. True or False?
A. True
B. False
C. Depends on the country's laws
D. Not applicable in Nigeria
Question 11
In a perfectly competitive market, the law of supply states that as the price of a good increases, the quantity of the good supplied by firms will
A. increase
B. decrease
C. remain constant
D. move in the opposite direction
Question 12
A business is considering outsourcing certain functions to a third-party provider. What is the primary advantage of outsourcing?
A. Reduced labor costs
B. Increased productivity
C. Improved work-life balance
D. Enhanced company reputation
Question 13
In a just-in-time inventory system, what is the primary goal of the warehouse manager?
A. To minimize inventory costs
B. To maximize storage capacity
C. To reduce lead times
D. To increase order quantities
Question 14
A company is considering a new marketing strategy to increase sales. The strategy involves offering a 10% discount to customers who purchase a product online. However, the company also wants to ensure that the product is delivered to the customer within a reasonable time frame. Which of the following is a key consideration for the company?
A. The cost of delivering the product to the customer
B. The time it takes to deliver the product to the customer
C. The impact of the discount on the company's profit margins
D. The potential increase in sales due to the discount
Question 15
A company is considering using a particular mode of transport to deliver its products. Which of the following is a key consideration for the company?
A. The cost of the transport mode
B. The time it takes to deliver the product
C. The reliability of the transport mode
D. The environmental impact of the transport mode

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