Post Utme Unilag 2024 Commerce Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Unilag Commerce examination.

Post Utme Unilag 2024 Commerce Objective / Multiple Choice
Question 24 POST_UTME_UNILAG • 2024 • COMMERCE • objective

A company is considering two different production processes: a traditional process and a modern process. The traditional process is less expensive, but it also has a higher level of waste. Which process is more likely to result in a higher profit margin?

Answer Options

A. Traditional process
Correct Answer B. Modern process
C. Both processes are equally profitable
D. It depends on the market conditions
Correct Answer
B
Correct Option:
Modern process

About This Question

This is Post Utme Unilag 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Unilag Commerce examination.

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