Post Utme Al Hikmah University 2018 Economics Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 19 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

A monopolistically competitive firm is characterized by?

Answer Options

A. A \single price maker
B. A large number of firms producing a homogeneous product
Correct Answer C. A firm with a significant market share
D. A firm that can influence market price
Correct Answer
C
Correct Option:
A firm with a significant market share

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 19. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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