Post Utme Lead City University 2022 Commerce Question 30
Practice objective / multiple choice question 30 from the 2022 Post Utme Lead City University Commerce examination.
A firm is considering two different pricing strategies to sell its product. Strategy A involves a price of ₦500 per unit and is expected to result in a profit of ₦100 per unit sold. Strategy B involves a price of ₦600 per unit and is expected to result in a profit of ₦150 per unit sold. If the firm expects to sell 5,000 units of the product, which strategy should it choose?
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About This Question
This is Post Utme Lead City University 2022 Commerce Question 30. It is one of the objective questions from the 2022 Post Utme Lead City University Commerce examination.
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