Post Utme Ksu 2018 Economics Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Ksu Economics examination.

Post Utme Ksu 2018 Economics Objective / Multiple Choice
Question 2 POST_UTME_KSU • 2018 • ECONOMICS • objective

A firm is considering two investment projects. Project A has a 5-year payback period and requires an initial investment of ₦1.5 million. Project B has a 3-year payback period and requires an initial investment of ₦2 million. Which project should the firm choose?

Answer Options

Correct Answer A. Project A
B. Project B
C. Both projects are equally attractive
D. Neither project is attractive
Correct Answer
A
Correct Option:
Project A

About This Question

This is Post Utme Ksu 2018 Economics Question 2. It is one of the objective questions from the 2018 Post Utme Ksu Economics examination.

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