Post Utme Nile University 2020 Commerce Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Nile University Commerce examination.

Post Utme Nile University 2020 Commerce Objective / Multiple Choice
Question 39 POST_UTME_NILE_UNIVERSITY • 2020 • COMMERCE • objective

A firm is considering investing in a new production process that will increase its output by 20% but also increase its costs by 15%. What is the opportunity cost of this investment?

Answer Options

A. ₦100,000
Correct Answer B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Nile University 2020 Commerce Question 39. It is one of the objective questions from the 2020 Post Utme Nile University Commerce examination.

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