Post Utme Wellspring University 2025 Commerce Question 45

Practice objective / multiple choice question 45 from the 2025 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2025 Commerce Objective / Multiple Choice
Question 45 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • COMMERCE • objective

The concept of 'Economies of Scale' implies that

Answer Options

Correct Answer A. Firms can reduce costs by increasing production
B. Firms can increase revenue by increasing production
C. Firms can reduce costs by decreasing production
D. Firms can increase revenue by decreasing production
Correct Answer
A
Correct Option:
Firms can reduce costs by increasing production

About This Question

This is Post Utme Wellspring University 2025 Commerce Question 45. It is one of the objective questions from the 2025 Post Utme Wellspring University Commerce examination.

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