Post Utme Futo 2020 General Studies Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Futo General Studies examination.

Post Utme Futo 2020 General Studies Objective / Multiple Choice
Question 40 POST_UTME_FUTO • 2020 • GENERAL STUDIES • objective

A company is considering the introduction of a new product. The product has a high initial cost, but it will save the company money in the long run. What type of cost is this?

Answer Options

Correct Answer A. Sunk Cost
B. Opportunity Cost
C. Fixed Cost
D. Variable Cost
Correct Answer
A
Correct Option:
Sunk Cost

About This Question

This is Post Utme Futo 2020 General Studies Question 40. It is one of the objective questions from the 2020 Post Utme Futo General Studies examination.

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