Post Utme Lautech 2018 Commerce Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Lautech Commerce examination.

Post Utme Lautech 2018 Commerce Objective / Multiple Choice
Question 23 POST_UTME_LAUTECH • 2018 • 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 Lautech 2018 Commerce Question 23. It is one of the objective questions from the 2018 Post Utme Lautech Commerce examination.

View More Post Utme Lautech 2018 Commerce Questions More Post Utme Lautech Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support