Post Utme Noun 2019 Economics Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Noun Economics examination.

Post Utme Noun 2019 Economics Objective / Multiple Choice
Question 26 POST_UTME_NOUN • 2019 • ECONOMICS • objective

A perfectly competitive firm in the short run is characterized by which of the following?

Answer Options

A. A downward-sloping demand curve
Correct Answer B. A horizontal supply curve
C. A downward-sloping supply curve
D. A perfectly inelastic demand curve
Correct Answer
B
Correct Option:
A horizontal supply curve

About This Question

This is Post Utme Noun 2019 Economics Question 26. It is one of the objective questions from the 2019 Post Utme Noun Economics examination.

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