Post Utme Esut 2020 General Studies Question 10
Practice objective / multiple choice question 10 from the 2020 Post Utme Esut General Studies examination.
A firm is considering the introduction of a new technology that will reduce production costs by 20%. However, the firm will also have to invest ₦1 million in new equipment. What is the net effect on the firm's profit, assuming a profit of ₦500,000 before the introduction of the new technology?
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About This Question
This is Post Utme Esut 2020 General Studies Question 10. It is one of the objective questions from the 2020 Post Utme Esut General Studies examination.
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