Post Utme Lautech 2020 Commerce Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Lautech Commerce examination.

Post Utme Lautech 2020 Commerce Objective / Multiple Choice
Question 29 POST_UTME_LAUTECH • 2020 • COMMERCE • objective

A company uses the concept of economies of scale to justify its production decisions. What is the primary benefit of economies of scale?

Answer Options

Correct Answer A. Reduced production costs
B. Increased market share
C. Improved product quality
D. Enhanced customer service
Correct Answer
A
Correct Option:
Reduced production costs

About This Question

This is Post Utme Lautech 2020 Commerce Question 29. It is one of the objective questions from the 2020 Post Utme Lautech Commerce examination.

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