Post Utme Lead City University 2023 Economics Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2023 Economics Objective / Multiple Choice

Question 9 POST_UTME_LEAD_CITY_UNIVERSITY • 2023 • ECONOMICS • objective

A country's agricultural sector is characterized by a high degree of economies of scale. What is the primary implication of this for the country's agricultural production?

Answer Options

Correct Answer A. Increased productivity and efficiency

B. Decreased productivity and efficiency

C. Increased prices and reduced output

D. Decreased prices and increased output

Correct Answer

Correct Option:

Increased productivity and efficiency

About This Question

This is Post Utme Lead City University 2023 Economics Question 9. It is one of the objective questions from the 2023 Post Utme Lead City University Economics examination.

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