Post Utme Osustech 2025 Economics Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Osustech Economics examination.

Post Utme Osustech 2025 Economics Objective / Multiple Choice
Question 10 POST_UTME_OSUSTECH • 2025 • ECONOMICS • objective

A firm is considering two different production techno\logies: one that requires a high level of labor but low level of capital, and another that requires a low level of labor but high level of capital. What is the name of the concept that describes the firm's decision to choose one techno\logy over the other?

Answer Options

Correct Answer A. Returns to Scale
B. Economies of Scale
C. Diseconomies of Scale
D. Diminishing Returns
Correct Answer
A
Correct Option:
Returns to Scale

About This Question

This is Post Utme Osustech 2025 Economics Question 10. It is one of the objective questions from the 2025 Post Utme Osustech Economics examination.

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