Post Utme Christopher University 2021 Commerce Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2021 Commerce Objective / Multiple Choice
Question 31 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • COMMERCE • objective

A firm specializes in producing a single product. Which of the following is a characteristic of this type of production?

Answer Options

Correct Answer A. Economies of scale
B. Diversification
C. Risk reduction
D. Increased competition
Correct Answer
A
Correct Option:
Economies of scale

About This Question

This is Post Utme Christopher University 2021 Commerce Question 31. It is one of the objective questions from the 2021 Post Utme Christopher University Commerce examination.

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