Post Utme Ksu 2025 Commerce Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Ksu Commerce examination.

Post Utme Ksu 2025 Commerce Objective / Multiple Choice
Question 22 POST_UTME_KSU • 2025 • COMMERCE • objective

A firm is considering exporting its products to a foreign market. The firm has estimated the following costs associated with exporting: transportation costs of ₦100,000, insurance costs of ₦50,000, and marketing costs of ₦200,000. If the firm expects to earn a profit of ₦500,000 from the export, what is the minimum price it should charge for its product?

Answer Options

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

About This Question

This is Post Utme Ksu 2025 Commerce Question 22. It is one of the objective questions from the 2025 Post Utme Ksu Commerce examination.

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