Post Utme Wellspring University 2023 Commerce Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2023 Commerce Objective / Multiple Choice
Question 3 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • COMMERCE • objective

A firm's cost of production can be minimized when the price elasticity of supply is

Answer Options

A. Unit elastic
Correct Answer B. Inelastic
C. Elastic
D. Perfectly elastic
Correct Answer
B
Correct Option:
Inelastic

About This Question

This is Post Utme Wellspring University 2023 Commerce Question 3. It is one of the objective questions from the 2023 Post Utme Wellspring University Commerce examination.

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