Post Utme Esut 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Esut Commerce examination.

Post Utme Esut 2020 Commerce Objective / Multiple Choice

Question 32 POST_UTME_ESUT • 2020 • COMMERCE • objective

A company's production process involves the use of specialized machinery. Explain how the company can benefit from economies of scale in its production process.

Correct Answer A. By producing a large quantity of goods, the company can reduce its costs per unit.

B. By producing a small quantity of goods, the company can increase its market share.

C. By using specialized machinery, the company can increase its production speed.

D. By producing a variety of goods, the company can reduce its costs per unit.

Correct Answer

Correct Option:

By producing a large quantity of goods, the company can reduce its costs per unit.

This is Post Utme Esut 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Esut Commerce examination.

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