Post Utme Bowen University 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice

Question 24 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A producer is considering investing in a new production facility. What is the main advantage of specialization in production?

Answer Options

Correct Answer A. Increased efficiency in production.

B. Reduced costs of production.

C. Improved product quality.

D. Increased market share.

Correct Answer

Correct Option:

Increased efficiency in production.

About This Question

This is Post Utme Bowen University 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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