Post Utme Oau 2022 Economics Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Oau Economics examination.

Post Utme Oau 2022 Economics Objective / Multiple Choice
Question 14 POST_UTME_OAU • 2022 • ECONOMICS • objective

A consumer is considering two different brands of a certain good. The first brand has a higher price but a higher quality, while the second brand has a lower price but a lower quality. Which of the following is a potential advantage of the first brand?

Answer Options

Correct Answer A. Higher quality
B. Lower price
C. Improved durability
D. Increased market share
Correct Answer
A
Correct Option:
Higher quality

About This Question

This is Post Utme Oau 2022 Economics Question 14. It is one of the objective questions from the 2022 Post Utme Oau Economics examination.

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