Post Utme Noun 2018 Commerce Question 6

Practice objective / multiple choice question 6 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 6 POST_UTME_NOUN • 2018 • COMMERCE • objective

A firm specializes in producing only one product. This is an example of

Answer Options

A. Economies of scale
B. Product differentiation
Correct Answer C. Production specialization
D. Division of labor
Correct Answer
C
Correct Option:
Production specialization

About This Question

This is Post Utme Noun 2018 Commerce Question 6. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.

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