Post Utme Oau 2024 Commerce Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Oau Commerce examination.

Post Utme Oau 2024 Commerce Objective / Multiple Choice
Question 35 POST_UTME_OAU • 2024 • COMMERCE • objective

A firm is considering two different marketing strategies: Advertising and Promotion. The revenue functions for these strategies are given by R_Advertising = 100 + 2Q and R_Promotion = 150 + Q. If the firm's current output level is Q = 50, which strategy should the firm choose?

Answer Options

A. Advertising
Correct Answer B. Promotion
C. Both strategies are equally efficient
D. Neither strategy is efficient
Correct Answer
B
Correct Option:
Promotion

About This Question

This is Post Utme Oau 2024 Commerce Question 35. It is one of the objective questions from the 2024 Post Utme Oau Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support