Post Utme Ims U 2024 Commerce Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Ims U Commerce examination.

Post Utme Ims U 2024 Commerce Objective / Multiple Choice
Question 31 POST_UTME_IMS_U • 2024 • COMMERCE • objective

A company specializes in producing and exporting textiles to several countries. Which of the following is a characteristic of the company's production function?

Answer Options

Correct Answer A. It is a function of the company's resources and technology.
B. It is a function of the company's market demand and competition.
C. It is a function of the company's production costs and prices.
D. It is a function of the company's exports and imports.
Correct Answer
A
Correct Option:
It is a function of the company's resources and technology.

About This Question

This is Post Utme Ims U 2024 Commerce Question 31. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.

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