Post Utme Bells University 2025 Commerce Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Bells University Commerce examination.

Post Utme Bells University 2025 Commerce Objective / Multiple Choice
Question 18 POST_UTME_BELLS_UNIVERSITY • 2025 • COMMERCE • objective

A firm is considering launching a new product in a market where there are already several established brands. The firm's marketing manager has estimated that the new product will have a market share of 20% in the first year, increasing to 30% in the second year. What is the firm's expected revenue from the new product in the second year?

Answer Options

A. ₦2,000,000
B. ₦2,500,000
Correct Answer C. ₦3,000,000
D. ₦3,500,000
Correct Answer
C
Correct Option:
₦3,000,000

About This Question

This is Post Utme Bells University 2025 Commerce Question 18. It is one of the objective questions from the 2025 Post Utme Bells University Commerce examination.

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