Post Utme Veritas University 2025 Economics Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2025 Economics Objective / Multiple Choice
Question 26 POST_UTME_VERITAS_UNIVERSITY • 2025 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Veritas University 2025 Economics Question 26. It is one of the objective questions from the 2025 Post Utme Veritas University Economics examination.

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