Post Utme Rhema University 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice

Question 35 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's average total \cost curve is U-shaped because of the law of

Answer Options

Correct Answer A. diminishing returns

B. increa\sing opportunity \cost

C. law of supply

D. law of demand

Correct Answer

Correct Option:

diminishing returns

About This Question

This is Post Utme Rhema University 2017 Economics Question 35. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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