If the production of a large firm is higher than that of ...
If the production of a large firm is higher than that of a small firm, it is experiencing
External economies of scale
External diseconomies of scale
Internal economies of scale
Internal diseconomies of scale
Correct answer is C
Internal economies are those economies in production which occur to the firm itself when it expands its output or enlarge its scale of production.
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A society that is on its production possibility curve ...
External dis-economies of scale result from excessive growth of ...
Which of the following is not an asset of a commercial bank? ...
Given the cost function C = 160 + 36Q, what is the average cost at 20 units of output? ...
The benefits that result from concentrating similar firms in an area is referred to as ...
\(\begin{array}{c|c} \text{Output(kg)} & 240 & 450 & 580 & 630 \\ \hline \text{MR...
If the coefficient of price elasticity of supply is greater than one, the supply is said to be ...