Post Utme Summit University 2024 Commerce Question 1

Practice objective / multiple choice question 1 from the 2024 Post Utme Summit University Commerce examination.

Post Utme Summit University 2024 Commerce Objective / Multiple Choice
Question 1 POST_UTME_SUMMIT_UNIVERSITY • 2024 • COMMERCE • objective

A firm specializes in producing only one product. This is an example of:

Answer Options

A. Product Diversification
B. Product Differentiation
C. Economies of Scale
Correct Answer D. Monopolistic Competition
Correct Answer
D
Correct Option:
Monopolistic Competition

About This Question

This is Post Utme Summit University 2024 Commerce Question 1. It is one of the objective questions from the 2024 Post Utme Summit University Commerce examination.

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