Post Utme Unilag 2025 Commerce Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Unilag Commerce examination.

Post Utme Unilag 2025 Commerce Objective / Multiple Choice
Question 31 POST_UTME_UNILAG • 2025 • COMMERCE • objective

In a perfectly competitive market, the supply curve is upward-sloping because of the law of increasing

Answer Options

Correct Answer A. diminishing returns
B. increasing costs
C. decreasing marginal revenue
D. constant returns to scale
Correct Answer
A
Correct Option:
diminishing returns

About This Question

This is Post Utme Unilag 2025 Commerce Question 31. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.

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