Post Utme Unn 2017 Economics Question 31

Practice objective / multiple choice question 31 from the 2017 Post Utme Unn Economics examination.

Post Utme Unn 2017 Economics Objective / Multiple Choice
Question 31 POST_UTME_UNN • 2017 • ECONOMICS • objective

A firm operating in a perfectly competitive market is characterized by which of the following?

Answer Options

A. Monopoly
B. Oligopoly
Correct Answer C. Perfect competition
D. Monopsony
Correct Answer
C
Correct Option:
Perfect competition

About This Question

This is Post Utme Unn 2017 Economics Question 31. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.

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