Post Utme Esut 2022 Commerce Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Esut Commerce examination.

Post Utme Esut 2022 Commerce Objective / Multiple Choice
Question 35 POST_UTME_ESUT • 2022 • COMMERCE • objective

A firm is considering two different pricing strategies. Strategy A involves charging a price of ₦100 per unit, while strategy B involves charging a price of ₦120 per unit. If the firm expects to sell 10,000 units under strategy A and 8,000 units under strategy B, which strategy will result in higher total revenue?

Answer Options

Correct Answer A. Strategy A
B. Strategy B
C. Both strategies will result in the same total revenue
D. Neither strategy is effective
Correct Answer
A
Correct Option:
Strategy A

About This Question

This is Post Utme Esut 2022 Commerce Question 35. It is one of the objective questions from the 2022 Post Utme Esut Commerce examination.

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