Post Utme Bowen University 2017 Commerce Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2017 Commerce Objective / Multiple Choice
Question 17 POST_UTME_BOWEN_UNIVERSITY • 2017 • COMMERCE • objective

A company is considering two different marketing strategies for its new product. Strategy A involves a high level of advertising and promotion, while Strategy B involves a low level of advertising and promotion. If the company expects to sell 1000 units of the product at a price of ₦500 per unit, what is the optimal marketing strategy that maximizes profits?

Answer Options

Correct Answer A. Strategy A
B. Strategy B
C. Both strategies are equally profitable
D. Neither strategy is profitable
Correct Answer
A
Correct Option:
Strategy A

About This Question

This is Post Utme Bowen University 2017 Commerce Question 17. It is one of the objective questions from the 2017 Post Utme Bowen University Commerce examination.

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