One of the advantages of large scale production is that
One of the advantages of large scale production is that
There is a rise in the cost of administration
Consumers sacrtifice their indidvidual tatstes
The firm can use labour-saving machinery
The demand for a firm's product becomes localized
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a type of unemployment ...
The consumer is at equilibrium at point ...
To control inflation, the central bank of a country may adopt ...
One important feature of sole proprietorship is that ...
The supply of mangoes is represented as P=0.3Q, where P is the price ($) and Q is the quantity....
A policy aimed at enhancing globalization of the Nigerian economy is ...
Given: Investment = N100 million Consumption = N200 m + 0.75Y Y = C + I where, Y = In...
The following except ONE, are the differences between international trade and internal trade ...
Among the principles of taxation propounded by Adam Smith was that ...
The central banks control credit in the economy through the use of ...