Post Utme Ksu 2018 Commerce Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Ksu Commerce examination.

Post Utme Ksu 2018 Commerce Objective / Multiple Choice
Question 26 POST_UTME_KSU • 2018 • COMMERCE • objective

In a perfectly competitive market, the supply curve is upward-sloping because of the law of increasing

Answer Options

A. diminishing returns
B. increasing costs
C. decreasing marginal revenue
Correct Answer D. increasing marginal cost
Correct Answer
D
Correct Option:
increasing marginal cost

About This Question

This is Post Utme Ksu 2018 Commerce Question 26. It is one of the objective questions from the 2018 Post Utme Ksu Commerce examination.

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