Post Utme Lead City University 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2025 Economics Objective / Multiple Choice

Question 16 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A firm operating in a perfectly competitive market is characterized by which of the following?

Answer Options

A. Monopolistic competition

B. Oligopoly

Correct Answer C. Perfect competition

D. Monopoly

Correct Answer

Correct Option:

Perfect competition

About This Question

This is Post Utme Lead City University 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Lead City University Economics examination.

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