Post Utme Lead City University 2017 Commerce Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice

Question 6 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A firm specializes in producing only one good. This specialization is an example of which of the following concepts?

Answer Options

Correct Answer A. Division of Labor

B. Economies of Scale

C. Comparative Advantage

D. Opportunity Cost

Correct Answer

Correct Option:

Division of Labor

About This Question

This is Post Utme Lead City University 2017 Commerce Question 6. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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