Post Utme Delsu 2017 Geography Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Delsu Geography examination.

Post Utme Delsu 2017 Geography Objective / Multiple Choice
Question 15 POST_UTME_DELSU • 2017 • GEOGRAPHY • objective
Post Utme Delsu 2017 Geography Question 15 diagram

The diagram below shows a simple economic model. What is the primary assumption of this model?

Answer Options

Correct Answer A. That firms operate in a perfectly competitive market
B. That firms operate in a perfectly monopolistic market
C. That firms operate in a perfectly oligopolistic market
D. That firms operate in a perfectly monopolistic competitive market
Correct Answer
A
Correct Option:
That firms operate in a perfectly competitive market

About This Question

This is Post Utme Delsu 2017 Geography Question 15. It is one of the objective questions from the 2017 Post Utme Delsu Geography examination.

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