Post Utme Lead City University 2021 Commerce Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2021 Commerce Objective / Multiple Choice

Question 11 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • COMMERCE • objective

In a perfectly competitive market, the supply curve is upward-sloping because of the law of increasing

Answer Options

Correct Answer A. marginal opportunity cost

B. marginal benefit

C. marginal utility

D. marginal revenue

Correct Answer

Correct Option:

marginal opportunity cost

About This Question

This is Post Utme Lead City University 2021 Commerce Question 11. It is one of the objective questions from the 2021 Post Utme Lead City University Commerce examination.

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