Post Utme Lasu 2022 Commerce Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Lasu Commerce examination.

Post Utme Lasu 2022 Commerce Objective / Multiple Choice
Question 7 POST_UTME_LASU • 2022 • COMMERCE • objective

A firm specializes in producing only one type of product. This is an example of:

Answer Options

A. Economies of scale
B. Diversification
Correct Answer C. Production and specialization
D. Vertical integration
Correct Answer
C
Correct Option:
Production and specialization

About This Question

This is Post Utme Lasu 2022 Commerce Question 7. It is one of the objective questions from the 2022 Post Utme Lasu Commerce examination.

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