Post Utme Ui 2021 Economics Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Ui Economics examination.

Post Utme Ui 2021 Economics Objective / Multiple Choice
Question 9 POST_UTME_UI • 2021 • ECONOMICS • objective

A firm is producing a good u\sing a production function given by the equation:

Answer Options

Correct Answer A. The firm is a perfect competitor in the market.
B. The firm is a monopolist in the market.
C. The firm is a monopolistic competitor in the market.
D. The firm is an oligopolist in the market.
Correct Answer
A
Correct Option:
The firm is a perfect competitor in the market.

About This Question

This is Post Utme Ui 2021 Economics Question 9. It is one of the objective questions from the 2021 Post Utme Ui Economics examination.

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