Post Utme Uniport 2023 Commerce Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 34 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A company is considering two different marketing strategies: a traditional strategy that involves advertising and sales promotions, and a modern strategy that involves social media marketing and content marketing. If the company wants to reach 100,000 customers, and the price of advertising is ₦500 per unit, and the price of social media marketing is ₦200 per unit, what is the opportunity cost of using the modern strategy?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Uniport 2023 Commerce Question 34. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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