Post Utme Unilorin 2019 Commerce Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2019 Commerce Objective / Multiple Choice
Question 33 POST_UTME_UNILORIN • 2019 • COMMERCE • objective

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

Answer Options

Correct Answer A. marginal cost
B. marginal revenue
C. marginal utility
D. marginal propensity to consume
Correct Answer
A
Correct Option:
marginal cost

About This Question

This is Post Utme Unilorin 2019 Commerce Question 33. It is one of the objective questions from the 2019 Post Utme Unilorin Commerce examination.

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