Post Utme Skyline University 2022 Commerce Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2022 Commerce Objective / Multiple Choice
Question 32 POST_UTME_SKYLINE_UNIVERSITY • 2022 • COMMERCE • objective

A firm is considering the introduction of a new product. The product has a market size of 100,000 units and a market growth rate of 10% per annum. If the firm wants to capture 20% of the market share in the first year, how many units should it produce?

Answer Options

A. 20,000
Correct Answer B. 25,000
C. 30,000
D. 35,000
Correct Answer
B
Correct Option:
25,000

About This Question

This is Post Utme Skyline University 2022 Commerce Question 32. It is one of the objective questions from the 2022 Post Utme Skyline University Commerce examination.

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