Post Utme Uniport 2021 Commerce Question 32
Practice objective / multiple choice question 32 from the 2021 Post Utme Uniport Commerce examination.
A consumer protection agency is considering a new regulation that would require all businesses to disclose the ingredients used in their products. The agency estimates that this regulation would increase the cost of production by 10% for small businesses and 20% for large businesses. If the agency wants to minimize the total cost of production, what should it do?
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About This Question
This is Post Utme Uniport 2021 Commerce Question 32. It is one of the objective questions from the 2021 Post Utme Uniport Commerce examination.
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