Post Utme Unilorin 2021 Commerce Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2021 Commerce Objective / Multiple Choice
Question 1 POST_UTME_UNILORIN • 2021 • COMMERCE • objective

A firm specializes in producing a particular good due to economies of scale. This is an example of which type of production?

Answer Options

A. Perfect Competition
B. Monopoly
C. Monopolistic Competition
Correct Answer D. Economies of Scale
Correct Answer
D
Correct Option:
Economies of Scale

About This Question

This is Post Utme Unilorin 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Unilorin Commerce examination.

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