Post Utme Ui 2020 Economics Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice
Question 9 POST_UTME_UI • 2020 • ECONOMICS • objective

A country's agricultural sector is characterized by a high degree of market power, leading to a market structure that is best described as?

Answer Options

A. Perfect competition
Correct Answer B. Monopoly
C. Oligopoly
D. Monopolistic competition
Correct Answer
B
Correct Option:
Monopoly

About This Question

This is Post Utme Ui 2020 Economics Question 9. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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