Post Utme Economics Questions
Question 281:
One example of internal economies is:
- A Communication breakdown issues
- B Managerial specialization advantage
- C Rising transportation problems
- D Increased traffic congestion
Question 282:
Which economy results from specialized machinery usage?
- A Managerial inefficiencies developed
- B Technical economies achieved
- C Financial diseconomies created
- D Marketing losses experienced
Question 283:
Which economy comes from division of labour?
- A Financial production loss
- B Transportation inefficiency problem
- C Communication diseconomy
- D Labour specialization economy
Question 284:
Diseconomies of scale occur when:
- A Output becomes completely fixed
- B Revenue exceeds production cost
- C Average cost rises with expansion
- D Fixed cost disappears fully
Question 285:
If total cost is ₦900 and output is 45 units, calculate average cost:
- A ₦15
- B ₦20
- C ₦25
- D ₦10