Post Utme Uniosun 2025 Commerce Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2025 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UNIOSUN • 2025 • COMMERCE • objective

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

Answer Options

Correct Answer A. Firms are willing to supply more at higher prices
B. Firms are willing to supply less at lower prices
C. Firms are willing to supply more at lower prices
D. Firms are willing to supply less at higher prices
Correct Answer
A
Correct Option:
Firms are willing to supply more at higher prices

About This Question

This is Post Utme Uniosun 2025 Commerce Question 21. It is one of the objective questions from the 2025 Post Utme Uniosun Commerce examination.

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