Post Utme Ims U 2018 Commerce Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Ims U Commerce examination.

Post Utme Ims U 2018 Commerce Objective / Multiple Choice
Question 3 POST_UTME_IMS_U • 2018 • COMMERCE • objective

A producer specializes in the production of a single product. What is the primary advantage of this specialization?

Answer Options

Correct Answer A. Increased efficiency
B. Reduced costs
C. Improved quality
D. Increased market share
Correct Answer
A
Correct Option:
Increased efficiency

About This Question

This is Post Utme Ims U 2018 Commerce Question 3. It is one of the objective questions from the 2018 Post Utme Ims U Commerce examination.

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