Post Utme Lasu 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Lasu Economics examination.

Post Utme Lasu 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_LASU • 2024 • ECONOMICS • objective

A firm is considering two investment projects, A and B. Project A has a higher initial \cost but generates a higher return on investment. Project B has a lower initial \cost but generates a lower return on investment. Which of the following statements is correct?

Answer Options

Correct Answer A. Project A is a better investment because it has a higher return on investment.
B. Project B is a better investment because it has a lower initial \cost.
C. Both projects are equally good investments.
D. Neither project is a good investment.
Correct Answer
A
Correct Option:
Project A is a better investment because it has a higher return on investment.

About This Question

This is Post Utme Lasu 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Lasu Economics examination.

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