Post Utme Al Hikmah University 2020 Commerce Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2020 Commerce Objective / Multiple Choice

Question 29 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • COMMERCE • objective

A firm specializes in producing only one product. This specialization is an example of which of the following production concepts?

Answer Options

A. Economies of scale

Correct Answer B. Division of labor

C. Product differentiation

D. Vertical integration

Correct Answer

Correct Option:

Division of labor

About This Question

This is Post Utme Al Hikmah University 2020 Commerce Question 29. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Commerce examination.

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