Post Utme Elizade University 2022 Commerce Question 14
Practice objective / multiple choice question 14 from the 2022 Post Utme Elizade University Commerce examination.
A company is considering a new transportation mode to reduce its logistics costs. The company currently uses a trucking service that costs ₦500,000 per trip. The new transportation mode, which is a rail service, costs ₦300,000 per trip. However, the rail service requires a one-time investment of ₦10 million to set up the rail line. If the company makes 100 trips per year, what is the total cost of the rail service?
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About This Question
This is Post Utme Elizade University 2022 Commerce Question 14. It is one of the objective questions from the 2022 Post Utme Elizade University Commerce examination.
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