Post Utme Uniben 2018 Commerce Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Uniben Commerce examination.

Post Utme Uniben 2018 Commerce Objective / Multiple Choice
Question 14 POST_UTME_UNIBEN • 2018 • COMMERCE • objective

A firm's production function is characterized by the law of

Answer Options

A. Increasing returns to scale
B. Decreasing returns to scale
C. Constant returns to scale
Correct Answer D. Diminishing returns
Correct Answer
D
Correct Option:
Diminishing returns

About This Question

This is Post Utme Uniben 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Uniben Commerce examination.

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