Post Utme Uniport 2021 Commerce Question 12
Practice objective / multiple choice question 12 from the 2021 Post Utme Uniport Commerce examination.
A company is considering two different production processes for its new product. Process A requires an initial investment of ₦1,000,000 and generates a profit of ₦500,000 per year. Process B requires an initial investment of ₦2,000,000 and generates a profit of ₦1,000,000 per year. Which process should the company choose if it wants to maximize its profits?
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About This Question
This is Post Utme Uniport 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Uniport Commerce examination.
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