Post Utme Unilag 2021 Commerce Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Unilag Commerce examination.

Post Utme Unilag 2021 Commerce Objective / Multiple Choice
Question 16 POST_UTME_UNILAG • 2021 • COMMERCE • objective

What is the primary goal of a firm's production function in the context of international trade?

Answer Options

A. To maximize profits
B. To minimize costs
Correct Answer C. To achieve economies of scale
D. To increase market share
Correct Answer
C
Correct Option:
To achieve economies of scale

About This Question

This is Post Utme Unilag 2021 Commerce Question 16. It is one of the objective questions from the 2021 Post Utme Unilag Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support