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WAEC Commerce 2015 Question 36

Question 36

Business Calculations

Turnover could be increased by

  1. A.increasing prices and products differentiation.
  2. B.advertising and cutting prices.
  3. C.refusing credits and customer services.
  4. D.increasing the mark up and margin.
Show the answer and explanation

Answer: B (advertising and cutting prices.)

Explanation

Advertising and lower prices both attract more buyers, increasing sales.