Post Utme Crawford University 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2019 Commerce Objective / Multiple Choice
Question 10 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • COMMERCE • objective

A firm has a market share of 30% and a competitor has a market share of 20%. What is the competitive ratio?

Answer Options

A. 1.5
Correct Answer B. 1.6
C. 1.7
D. 1.8
Correct Answer
B
Correct Option:
1.6

About This Question

This is Post Utme Crawford University 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Crawford University Commerce examination.

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