Post Utme Uniosun 2024 Commerce Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2024 Commerce Objective / Multiple Choice
Question 29 POST_UTME_UNIOSUN • 2024 • COMMERCE • objective

In a perfectly competitive market, the law of diminishing marginal utility is most relevant to the production of which of the following goods?

Answer Options

A. Public goods
Correct Answer B. Private goods
C. Merchandise
D. Commodities
Correct Answer
B
Correct Option:
Private goods

About This Question

This is Post Utme Uniosun 2024 Commerce Question 29. It is one of the objective questions from the 2024 Post Utme Uniosun Commerce examination.

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