Post Utme Futo 2018 Commerce Question 15
Practice objective / multiple choice question 15 from the 2018 Post Utme Futo Commerce examination.
A company is considering two insurance options: Option A, which involves a ₦1 million premium for a comprehensive insurance policy and Option B, which involves a ₦2 million premium for a comprehensive insurance policy with a higher coverage limit. If the company wants to minimize its risk and the cost of insurance is ₦500 per unit, which option should it choose?
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About This Question
This is Post Utme Futo 2018 Commerce Question 15. It is one of the objective questions from the 2018 Post Utme Futo Commerce examination.
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