Post Utme Rsu 2021 Commerce Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Rsu Commerce examination.

Post Utme Rsu 2021 Commerce Objective / Multiple Choice
Question 9 POST_UTME_RSU • 2021 • COMMERCE • objective

A firm is considering a new marketing strategy to increase sales. The firm's current market share is 20% and the industry growth rate is 5%. Using the market share equation, find the firm's new market share after one year.

Answer Options

A. 25%
Correct Answer B. 30%
C. 35%
D. 40%
Correct Answer
B
Correct Option:
30%

About This Question

This is Post Utme Rsu 2021 Commerce Question 9. It is one of the objective questions from the 2021 Post Utme Rsu 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