Post Utme Lead City University 2017 Commerce Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 14 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A company is considering the introduction of a new product into the market. The product has a market share of 20%. If the company increases the price of the product by 15%, what will be the new market share?

Answer Options

A. 15%
Correct Answer B. 18%
C. 20%
D. 22%
Correct Answer
B
Correct Option:
18%

About This Question

This is Post Utme Lead City University 2017 Commerce Question 14. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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