Post Utme Summit University 2020 Commerce Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Summit University Commerce examination.

Post Utme Summit University 2020 Commerce Objective / Multiple Choice
Question 33 POST_UTME_SUMMIT_UNIVERSITY • 2020 • COMMERCE • objective

A firm specializes in producing a particular good because it has a comparative advantage in the production of that good. Which of the following is a consequence of specialization?

Answer Options

A. Increased opportunity cost
Correct Answer B. Increased productivity
C. Increased competition
D. Increased trade
Correct Answer
B
Correct Option:
Increased productivity

About This Question

This is Post Utme Summit University 2020 Commerce Question 33. It is one of the objective questions from the 2020 Post Utme Summit University Commerce examination.

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