Post Utme Uniben 2024 Economics Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Uniben Economics examination.

Post Utme Uniben 2024 Economics Objective / Multiple Choice

Question 9 POST_UTME_UNIBEN • 2024 • ECONOMICS • objective

A firm is operating in a perfectly competitive market. If the firm increases its production, what will happen to its price?

Answer Options

A. The price will increase

Correct Answer B. The price will decrease

C. The price will remain the same

D. The price will be unaffected

Correct Answer

Correct Option:

The price will decrease

About This Question

This is Post Utme Uniben 2024 Economics Question 9. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.

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