Post Utme Futo 2018 Commerce Question 14
Practice objective / multiple choice question 14 from the 2018 Post Utme Futo Commerce examination.
A firm is considering two foreign trade options: Option A, which involves exporting 10,000 units to a foreign country at a price of ₦1,000 per unit and Option B, which involves importing 10,000 units from a foreign country at a price of ₦1,000 per unit. If the firm wants to maximize its profit and the cost of transportation is ₦500 per unit, which option should it choose?
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About This Question
This is Post Utme Futo 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Futo Commerce examination.
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