Post Utme Elizade University 2025 Commerce Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2025 Commerce Objective / Multiple Choice
Question 34 POST_UTME_ELIZADE_UNIVERSITY • 2025 • COMMERCE • objective

A company is considering two different marketing strategies. Strategy A has a 30% chance of generating a return of 100,000 and a 70% chance of generating a return of 20,000. Strategy B has a 20% chance of generating a return of 150,000 and an 80% chance of generating a return of 10,000. Which strategy has a higher expected return?

Answer Options

Correct Answer A. 34000
B. 26000
C. 40000
D. 50000
Correct Answer
A
Correct Option:
34000

About This Question

This is Post Utme Elizade University 2025 Commerce Question 34. It is one of the objective questions from the 2025 Post Utme Elizade University Commerce examination.

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