Post Utme Al Hikmah University 2022 Commerce Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2022 Commerce Objective / Multiple Choice
Question 7 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • COMMERCE • objective

A company's marketing mix is a combination of the 4 Ps: product, price, promotion, and place. If a company decides to increase its product quality, what will be the effect on its price?

Answer Options

A. Increase
B. Decrease
C. No effect
Correct Answer D. Depend on market conditions
Correct Answer
D
Correct Option:
Depend on market conditions

About This Question

This is Post Utme Al Hikmah University 2022 Commerce Question 7. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Commerce examination.

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