Post Utme Uniport 2018 Commerce Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Uniport Commerce examination.

Post Utme Uniport 2018 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UNIPORT • 2018 • COMMERCE • objective

In a market economy, what is the primary role of the consumer in the production process?

Answer Options

Correct Answer A. To allocate resources based on their own preferences and budget constraints
B. To produce goods and services using their own resources
C. To regulate the market to ensure fair competition
D. To provide employment opportunities for workers
Correct Answer
A
Correct Option:
To allocate resources based on their own preferences and budget constraints

About This Question

This is Post Utme Uniport 2018 Commerce Question 21. It is one of the objective questions from the 2018 Post Utme Uniport Commerce examination.

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