Post Utme Joseph Ayo Babalola University 2024 Commerce Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2024 Commerce Objective / Multiple Choice
Question 34 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering launching a new product in a market where there are already several established brands. The company has conducted market research and has determined that the new product will have a market share of 20%. What is the company's expected revenue from the new product?

Answer Options

A. ₦1,000,000
B. ₦2,000,000
Correct Answer C. ₦3,000,000
D. ₦4,000,000
Correct Answer
C
Correct Option:
₦3,000,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Commerce Question 34. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

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