Post Utme Veritas University 2025 Commerce Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2025 Commerce Objective / Multiple Choice
Question 7 POST_UTME_VERITAS_UNIVERSITY • 2025 • COMMERCE • objective

A sole trader's business is affected by the following factors: market demand, competition, and government regulations. Which of the following best describes the impact of these factors on the business?

Answer Options

A. The factors increase the business's revenue
Correct Answer B. The factors decrease the business's revenue
C. The factors have no impact on the business's revenue
D. The factors increase the business's costs
Correct Answer
B
Correct Option:
The factors decrease the business's revenue

About This Question

This is Post Utme Veritas University 2025 Commerce Question 7. It is one of the objective questions from the 2025 Post Utme Veritas University Commerce examination.

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