Post Utme Ksu 2018 Commerce Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Ksu Commerce examination.

Post Utme Ksu 2018 Commerce Objective / Multiple Choice
Question 15 POST_UTME_KSU • 2018 • COMMERCE • objective

A firm is considering two investment opportunities: Opportunity A, which has a 10% chance of earning ₦100,000 and a 90% chance of earning ₦0, and Opportunity B, which has a 20% chance of earning ₦50,000 and an 80% chance of earning ₦0. Which opportunity should the firm choose?

Answer Options

Correct Answer A. Opportunity A
B. Opportunity B
C. Either opportunity is acceptable
D. Neither opportunity is acceptable
Correct Answer
A
Correct Option:
Opportunity A

About This Question

This is Post Utme Ksu 2018 Commerce Question 15. It is one of the objective questions from the 2018 Post Utme Ksu Commerce examination.

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