Post Utme Lead City University 2020 Economics Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2020 Economics Objective / Multiple Choice
Question 11 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

A perfectly competitive firm's supply curve is upward-sloping because of the law of increa\sing

Answer Options

Correct Answer A. diminishing returns
B. marginal \cost
C. marginal revenue
D. substitutes
Correct Answer
A
Correct Option:
diminishing returns

About This Question

This is Post Utme Lead City University 2020 Economics Question 11. It is one of the objective questions from the 2020 Post Utme Lead City University Economics examination.

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