Post Utme Unn 2018 Commerce Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Unn Commerce examination.

Post Utme Unn 2018 Commerce Objective / Multiple Choice
Question 34 POST_UTME_UNN • 2018 • COMMERCE • objective

A firm is considering two different insurance policies for its new product. Policy A has a higher premium but a lower deductible, while Policy B has a lower premium but a higher deductible. If the firm expects to sell 10,000 units per year for 5 years, which policy should it choose?

Answer Options

Correct Answer A. Policy A
B. Policy B
C. Both policies are equally viable
D. Neither policy is viable
Correct Answer
A
Correct Option:
Policy A

About This Question

This is Post Utme Unn 2018 Commerce Question 34. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.

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