Post Utme Noun 2017 Commerce Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Noun Commerce examination.

Post Utme Noun 2017 Commerce Objective / Multiple Choice

Question 3 POST_UTME_NOUN • 2017 • COMMERCE • objective

A producer specializes in producing a single product. What is the primary advantage of this specialization?

Correct Answer A. Increased efficiency and productivity due to reduced production costs.

B. Improved product quality due to focused expertise.

C. Enhanced customer satisfaction due to tailored products.

D. Increased market share due to diversified product offerings.

Correct Answer

Correct Option:

Increased efficiency and productivity due to reduced production costs.

This is Post Utme Noun 2017 Commerce Question 3. It is one of the objective questions from the 2017 Post Utme Noun Commerce examination.

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