Post Utme Osustech 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Osustech Economics examination.

Post Utme Osustech 2017 Economics Objective / Multiple Choice

Question 23 POST_UTME_OSUSTECH • 2017 • ECONOMICS • objective

A firm is considering investing in a new project. The project has a net present value (NPV) of ₦100,000 and a \cost of ₦120,000. What is the likely decision of the firm?

Answer Options

A. The firm will accept the project.

Correct Answer B. The firm will reject the project.

C. The firm will wait for more information.

D. The firm will not be able to make a decision.

Correct Answer

Correct Option:

The firm will reject the project.

About This Question

This is Post Utme Osustech 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Osustech Economics examination.

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