Post Utme Uniport 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Uniport Commerce examination.

Post Utme Uniport 2020 Commerce Objective / Multiple Choice
Question 22 POST_UTME_UNIPORT • 2020 • COMMERCE • objective

A company is considering two different production processes for its product. Process A requires an initial investment of ₦100,000 and produces 100 units of the product per day, while Process B requires an initial investment of ₦150,000 and produces 120 units of the product per day. Which process should the company choose if it wants to maximize its profit?

Answer Options

A. Process A
Correct Answer B. Process B
C. Both processes are equally profitable
D. Neither process is profitable
Correct Answer
B
Correct Option:
Process B

About This Question

This is Post Utme Uniport 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Uniport Commerce examination.

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