Post Utme Ksu 2018 Economics Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Ksu Economics examination.

Post Utme Ksu 2018 Economics Objective / Multiple Choice
Question 31 POST_UTME_KSU • 2018 • ECONOMICS • objective

A firm is operating in a perfectly competitive market. If the firm increases its production, what will happen to its price?

Answer Options

A. Increase
Correct Answer B. Decrease
C. Remain the same
D. Become indeterminate
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Ksu 2018 Economics Question 31. It is one of the objective questions from the 2018 Post Utme Ksu Economics examination.

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