Post Utme Futa 2021 Commerce Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Futa Commerce examination.

Post Utme Futa 2021 Commerce Objective / Multiple Choice
Question 22 POST_UTME_FUTA • 2021 • COMMERCE • objective

A company is considering a new production process that will increase its output by 20% but also increase its costs by 15%. What is the expected change in the company's profit?

Answer Options

Correct Answer A. Increase by 5%
B. Decrease by 5%
C. Increase by 10%
D. Decrease by 10%
Correct Answer
A
Correct Option:
Increase by 5%

About This Question

This is Post Utme Futa 2021 Commerce Question 22. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.

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