Post Utme Ims U 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Ims U Commerce examination.

Post Utme Ims U 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_IMS_U • 2024 • COMMERCE • objective

A company is considering the introduction of a new product line. The marketing manager has estimated that the product will generate an additional ₦1,500,000 in revenue per year. However, the production manager has estimated that the product will require an additional ₦750,000 in fixed costs per year. What is the net increase in profit per year?

Answer Options

A. ₦750,000
Correct Answer B. ₦1,250,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,250,000

About This Question

This is Post Utme Ims U 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.

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