Post Utme Madonna University 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_MADONNA_UNIVERSITY • 2019 • COMMERCE • objective

A firm's home trade involves importing 500 units of a product from a foreign country. If the firm expects a 5% increase in import costs, how much will it pay for the imported product?

Answer Options

A. ₦2500
Correct Answer B. ₦2625
C. ₦2750
D. ₦2875
Correct Answer
B
Correct Option:
₦2625

About This Question

This is Post Utme Madonna University 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Madonna University Commerce examination.

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