JAMB Commerce 2010 Objective — Question 38

Question 38 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2010 Objective paper, with the correct answer and a full explanation.

38. For a person that produces warm clothing, the weather situation will determine the price at which it will sell its product. Thus variable pricing is more applicable to such a seller A. True B. False

A. True
B. False
C. —Correct
D. —

Explanation

For a producer of warm clothing, the weather situation will determine the price at which it will sell its product; variable pricing is more applicable to such a seller.

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