Post Utme Uniosun 2020 Economics Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2020 Economics Objective / Multiple Choice
Question 18 POST_UTME_UNIOSUN • 2020 • ECONOMICS • objective

A firm is considering two production techno\logies: one with a cons\tant returns to scale (CRS) and another with a decrea\sing returns to scale (DRS). Which techno\logy is more likely to be adopted in a market with a large number of firms?

Answer Options

A. CRS
Correct Answer B. DRS
C. Both are equally likely
D. Neither is likely
Correct Answer
B
Correct Option:
DRS

About This Question

This is Post Utme Uniosun 2020 Economics Question 18. It is one of the objective questions from the 2020 Post Utme Uniosun Economics examination.

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