Post Utme Lautech 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_LAUTECH • 2021 • ECONOMICS • objective

A firm is considering two different pricing strategies. Strategy A is a price discrimination strategy, where the firm charges a higher price to a segment of the market. Strategy B is a penetration pricing strategy, where the firm charges a lower price to enter the market. Which strategy is more likely to increase the firm's revenue?

Answer Options

Correct Answer A. Strategy A
B. Strategy B
C. Both strategies are equally likely to increase revenue.
D. Neither strategy is likely to increase revenue.
Correct Answer
A
Correct Option:
Strategy A

About This Question

This is Post Utme Lautech 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

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