Post Utme Futo 2020 Commerce Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Futo Commerce examination.

Post Utme Futo 2020 Commerce Objective / Multiple Choice
Question 35 POST_UTME_FUTO • 2020 • COMMERCE • objective

A firm is considering two different pricing strategies for a new product. Strategy A involves a high price, while Strategy B involves a low price. If the firm expects to sell 10,000 units, which strategy should it choose?

Answer Options

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

About This Question

This is Post Utme Futo 2020 Commerce Question 35. It is one of the objective questions from the 2020 Post Utme Futo Commerce examination.

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