Post Utme Futa 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Futa Economics examination.

Post Utme Futa 2021 Economics Objective / Multiple Choice
Question 28 POST_UTME_FUTA • 2021 • ECONOMICS • objective

A firm is considering two investment projects. Project A has a net present value (NPV) of ₦100,000 and a probability of success of 0.8. Project B has a NPV of ₦150,000 and a probability of success of 0.6. Which project should the firm choose?

Answer Options

Correct Answer A. Project A
B. Project B
C. Both projects
D. Neither project
Correct Answer
A
Correct Option:
Project A

About This Question

This is Post Utme Futa 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Futa Economics examination.

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