Post Utme Lautech 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Lautech Commerce examination.

Post Utme Lautech 2019 Commerce Objective / Multiple Choice
Question 37 POST_UTME_LAUTECH • 2019 • COMMERCE • objective

In a perfectly competitive market, the supply curve is typically represented by a

Answer Options

A. horizontal line
B. vertical line
Correct Answer C. downward sloping curve
D. upward sloping curve
Correct Answer
C
Correct Option:
downward sloping curve

About This Question

This is Post Utme Lautech 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Lautech Commerce examination.

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