Post Utme Lasu 2024 Economics Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Lasu Economics examination.

Post Utme Lasu 2024 Economics Objective / Multiple Choice
Question 25 POST_UTME_LASU • 2024 • ECONOMICS • objective

A firm is considering a new investment project that requires an initial investment of ₦100 million. The project is expected to generate a return on investment of 15% per annum. Which of the following statements is correct?

Answer Options

Correct Answer A. The project is a good investment because it has a high return on investment.
B. The project is a bad investment because it has a low return on investment.
C. The project is a good investment because it has a high return on investment and a low initial \cost.
D. The project is a bad investment because it has a low return on investment and a high initial \cost.
Correct Answer
A
Correct Option:
The project is a good investment because it has a high return on investment.

About This Question

This is Post Utme Lasu 2024 Economics Question 25. It is one of the objective questions from the 2024 Post Utme Lasu Economics examination.

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