Post Utme Madonna University 2023 Commerce Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2023 Commerce Objective / Multiple Choice
Question 30 POST_UTME_MADONNA_UNIVERSITY • 2023 • COMMERCE • objective

A company is considering two different marketing strategies for its new 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 expects to sell 10,000 units of the product per month, and the cost of production is ₦500 per unit, what is the total cost of the product under Strategy A?

Answer Options

A. ₦5,000,000
Correct Answer B. ₦5,500,000
C. ₦6,000,000
D. ₦6,500,000
Correct Answer
B
Correct Option:
₦5,500,000

About This Question

This is Post Utme Madonna University 2023 Commerce Question 30. It is one of the objective questions from the 2023 Post Utme Madonna University Commerce examination.

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