Post Utme Crawford University 2022 Geography Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Crawford University Geography examination.

Post Utme Crawford University 2022 Geography Objective / Multiple Choice
Question 4 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • GEOGRAPHY • objective

A firm in the service sector of Nigeria's economy is considering the use of a new marketing strategy. The strategy has the potential to increase sales by 25% but will also increase costs by 10%. What is the net effect on the firm's profit?

Answer Options

Correct Answer A. Increase in profit by 15%
B. Decrease in profit by 15%
C. No change in profit
D. Increase in profit by 20%
Correct Answer
A
Correct Option:
Increase in profit by 15%

About This Question

This is Post Utme Crawford University 2022 Geography Question 4. It is one of the objective questions from the 2022 Post Utme Crawford University Geography examination.

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