Post Utme Bsu 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Bsu Commerce examination.

Post Utme Bsu 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_BSU • 2019 • COMMERCE • objective

A firm is considering two marketing strategies: a high-low strategy and a penetration pricing strategy. Which strategy is more likely to be effective in a market with high demand elasticity?

Answer Options

A. High-low strategy
Correct Answer B. Penetration pricing strategy
C. Both strategies are equally effective
D. Neither strategy is effective
Correct Answer
B
Correct Option:
Penetration pricing strategy

About This Question

This is Post Utme Bsu 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Bsu Commerce examination.

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