Post Utme Skyline University 2017 Commerce Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2017 Commerce Objective / Multiple Choice
Question 32 POST_UTME_SKYLINE_UNIVERSITY • 2017 • COMMERCE • objective

A company's marketing strategy involves creating a sense of urgency among potential customers to buy a product. This is an example of

Answer Options

A. Scarcity principle
Correct Answer B. Loss aversion principle
C. Endowment effect principle
D. Sunk cost fallacy
Correct Answer
B
Correct Option:
Loss aversion principle

About This Question

This is Post Utme Skyline University 2017 Commerce Question 32. It is one of the objective questions from the 2017 Post Utme Skyline University Commerce examination.

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