Post Utme Joseph Ayo Babalola University 2022 Commerce Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2022 Commerce Objective / Multiple Choice
Question 31 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • COMMERCE • objective

A firm specializes in producing a single product. Which of the following is a characteristic of specialization?

Answer Options

A. Increased production costs
B. Reduced production costs
C. Increased product variety
Correct Answer D. Reduced product variety
Correct Answer
D
Correct Option:
Reduced product variety

About This Question

This is Post Utme Joseph Ayo Babalola University 2022 Commerce Question 31. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Commerce examination.

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