Post Utme Rsu 2019 Commerce Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Rsu Commerce examination.

Post Utme Rsu 2019 Commerce Objective / Multiple Choice
Question 26 POST_UTME_RSU • 2019 • COMMERCE • objective

The concept of specialization in production refers to the process by which a firm focuses on producing a specific product or service, thereby increasing its efficiency and productivity. Which of the following is a characteristic of specialization in production?

Answer Options

A. Increased competition in the market
B. Improved quality of products
Correct Answer C. Reduced production costs
D. Increased variety of products
Correct Answer
C
Correct Option:
Reduced production costs

About This Question

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

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