Post Utme Skyline University 2024 Commerce Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2024 Commerce Objective / Multiple Choice
Question 17 POST_UTME_SKYLINE_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering the introduction of a new product line. The product has a high fixed cost but a low variable cost. Which of the following is a likely reason for the company's decision?

Answer Options

A. The company wants to increase its market share
B. The company wants to reduce its costs
C. The company wants to increase its revenue
Correct Answer D. The company wants to diversify its product line
Correct Answer
D
Correct Option:
The company wants to diversify its product line

About This Question

This is Post Utme Skyline University 2024 Commerce Question 17. It is one of the objective questions from the 2024 Post Utme Skyline University Commerce examination.

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