Post Utme Coal City University 2021 Commerce Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2021 Commerce Objective / Multiple Choice
Question 14 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A firm has a marketing budget of ₦100,000. The firm wants to allocate the budget to advertising and promotion. If the cost of advertising is ₦5 per unit and the cost of promotion is ₦3 per unit, and the firm wants to reach a minimum of 10,000 customers, what is the optimal allocation of the budget?

Answer Options

A. ₦50,000 for advertising and ₦50,000 for promotion
Correct Answer B. ₦60,000 for advertising and ₦40,000 for promotion
C. ₦70,000 for advertising and ₦30,000 for promotion
D. ₦80,000 for advertising and ₦20,000 for promotion
Correct Answer
B
Correct Option:
₦60,000 for advertising and ₦40,000 for promotion

About This Question

This is Post Utme Coal City University 2021 Commerce Question 14. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.

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