Post Utme Mountain Top University 2023 Commerce Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2023 Commerce Objective / Multiple Choice
Question 8 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • COMMERCE • objective

A consumer protection law requires that all goods sold in a market must have a minimum warranty period of 2 years. Which of the following is a consequence of this law?

Answer Options

A. Increased cost of production
B. Reduced sales volume
Correct Answer C. Improved consumer satisfaction
D. Increased competition
Correct Answer
C
Correct Option:
Improved consumer satisfaction

About This Question

This is Post Utme Mountain Top University 2023 Commerce Question 8. It is one of the objective questions from the 2023 Post Utme Mountain Top University Commerce examination.

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