Post Utme Nile University 2023 Commerce Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Nile University Commerce examination.

Post Utme Nile University 2023 Commerce Objective / Multiple Choice
Question 4 POST_UTME_NILE_UNIVERSITY • 2023 • COMMERCE • objective

A firm's inventory level is given by the equation I = 2S + 3H, where S is the number of units sold and H is the number of units held in stock. If the firm sells 100 units and holds 50 units in stock, what is the new inventory level?

Answer Options

A. 150
Correct Answer B. 200
C. 250
D. 300
Correct Answer
B
Correct Option:
200

About This Question

This is Post Utme Nile University 2023 Commerce Question 4. It is one of the objective questions from the 2023 Post Utme Nile University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support