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Price - Jamb Commerce Past Questions and Answers

Jamb Commerce Past Questions

Jamb Past Questions and Answers on Price

Question 6:

JAMB 2015

In product pricing, which of these elements need more consideration than others?

A. The cost of producing the product
B. The economic conditions in the market
C. The demography of the buyers of the product
D. The demand for the product

View Answer & Explanation

Question 7:

JAMB 2016

The pricing policy that seeks to set prices relatively high in order to attract the wealthy segment of the market is

A. Target return pricing
B. Market skimming
C. Variable pricing
D. Market penetration

View Answer & Explanation

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