Post Utme Bowen University 2024 Commerce Question 14
Practice objective / multiple choice question 14 from the 2024 Post Utme Bowen University Commerce examination.
A company is considering a new marketing strategy to increase sales. The strategy involves offering a free gift with every purchase. However, the company also wants to ensure that the cost of the free gift does not exceed 10% of the total revenue. If the company currently sells 1,000 units per month at ₦1,000 per unit, what is the maximum cost of the free gift?
Answer Options
About This Question
This is Post Utme Bowen University 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.