Post Utme Coal City University 2025 Economics Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2025 Economics Objective / Multiple Choice
Question 11 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A firm operating in a perfectly competitive market is characterized by which of the following?

Answer Options

A. Monopolistic competition
Correct Answer B. Perfect competition
C. Monopoly
D. Oligopoly
Correct Answer
B
Correct Option:
Perfect competition

About This Question

This is Post Utme Coal City University 2025 Economics Question 11. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.

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