Post Utme Lead City University 2017 Commerce Question 43

Practice objective / multiple choice question 43 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 43 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A company is considering two different marketing strategies for its product. Strategy A involves a high level of advertising and promotion, while Strategy B involves a low level of advertising and promotion. If the company's revenue function is R(x) = 100x - 2x^2 and the cost function is C(x) = 20x + 1000, which strategy should the company use?

Answer Options

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

About This Question

This is Post Utme Lead City University 2017 Commerce Question 43. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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