Post Utme Esut 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Esut Commerce examination.

Post Utme Esut 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_ESUT • 2024 • COMMERCE • objective

A firm is considering investing in a new production facility. The facility will be used to produce a new product that has a high demand in the market. Which of the following is a characteristic of the new product?

Answer Options

A. High production costs
B. Low production costs
Correct Answer C. High demand in the market
D. Low demand in the market
Correct Answer
C
Correct Option:
High demand in the market

About This Question

This is Post Utme Esut 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Esut Commerce examination.

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