Post Utme Greenfield University 2023 Commerce Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2023 Commerce Objective / Multiple Choice

Question 12 POST_UTME_GREENFIELD_UNIVERSITY • 2023 • COMMERCE • objective

A firm's production costs are increasing due to the high demand for its product. To maintain its market share, the firm should consider:

Answer Options

A. Increasing the price of the product

B. Decreasing the production quantity

Correct Answer C. Improving the production process

D. Diversifying its product line

Correct Answer

Correct Option:

Improving the production process

About This Question

This is Post Utme Greenfield University 2023 Commerce Question 12. It is one of the objective questions from the 2023 Post Utme Greenfield University Commerce examination.

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