Post Utme Lead City University 2021 Commerce Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2021 Commerce Objective / Multiple Choice
Question 4 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A firm is considering two marketing strategies: Strategy A, which involves a 50,000 advertising campaign and is expected to increase sales by 10%, and Strategy B, which involves a 100,000 advertising campaign and is expected to increase sales by 20%. If the firm expects to sell the units at 50 each, which marketing strategy will result in the highest revenue?

Answer Options

A. Strategy A
Correct Answer B. Strategy B
C. Both marketing strategies will result in the same revenue
D. Neither marketing strategy will result in a significant revenue
Correct Answer
B
Correct Option:
Strategy B

About This Question

This is Post Utme Lead City University 2021 Commerce Question 4. It is one of the objective questions from the 2021 Post Utme Lead City University Commerce examination.

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