Post Utme Bells University 2018 Commerce Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Bells University Commerce examination.

Post Utme Bells University 2018 Commerce Objective / Multiple Choice
Question 14 POST_UTME_BELLS_UNIVERSITY • 2018 • COMMERCE • objective

A firm is considering two marketing strategies: a low-cost strategy with a 20% market share and a high-cost strategy with a 30% market share. If the firm's revenue is ₦100 million and its cost is ₦20 million, what is the profit under each strategy?

Answer Options

A. ₦60 million
Correct Answer B. ₦80 million
C. ₦100 million
D. ₦120 million
Correct Answer
B
Correct Option:
₦80 million

About This Question

This is Post Utme Bells University 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Bells University Commerce examination.

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