Post Utme Uniport 2022 Commerce Question 21
Practice objective / multiple choice question 21 from the 2022 Post Utme Uniport Commerce examination.
A firm is considering two different business law options for its new product. Option A involves a high upfront cost of ₦200,000 but a low ongoing cost of ₦10,000 per year, while Option B involves a low upfront cost of ₦50,000 but a high ongoing cost of ₦20,000 per year. If the firm expects to sell 10,000 units per year for 5 years, and the selling price of each unit is ₦500, what is the total revenue generated by each option, assuming a 20% tax rate?
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About This Question
This is Post Utme Uniport 2022 Commerce Question 21. It is one of the objective questions from the 2022 Post Utme Uniport Commerce examination.
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