Post Utme Esut 2019 Commerce Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Esut Commerce examination.

Post Utme Esut 2019 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ESUT • 2019 • COMMERCE • objective

A company is considering two different marketing strategies for its new product. Strategy A involves a high level of advertising and promotion, while Strategy B involves a low level of advertising and promotion. If the company expects to sell 1000 units of the product at a price of ₦500 per unit, and the cost of advertising and promotion for Strategy A is ₦200,000, and the cost of advertising and promotion for Strategy B is ₦50,000, which strategy should the company choose?

Answer Options

A. Strategy A
Correct Answer B. Strategy B
C. Both strategies are equally profitable
D. Neither strategy is profitable
Correct Answer
B
Correct Option:
Strategy B

About This Question

This is Post Utme Esut 2019 Commerce Question 23. It is one of the objective questions from the 2019 Post Utme Esut Commerce examination.

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