The use of mass advertising media enable a firm to enjoy<...
The use of mass advertising media enable a firm to enjoy
Managerial economies
Financial economies
Marketing economies
Welfare economies
Correct answer is C
Marketing economies of scale is an advantage of large firms, which have a lower unit cost for advertising and promotion than small firms. A large firm can buy raw materials in bulk, produce in large quantities and distribute to many areas where they are required.
Utility is the satisfaction derived from the ...
The line labelled M in the diagram above represent ...
Which of the following is capable of increasing the population of a country? ...
Stock and shares as well as bonds are examples of instruments used in the ...
The basic and essential economic problems in a community are related to choice and________ ...
A monopolist may enjoy abnormal profit only if its ...
The cost incurred by using both fixed and variable factors in production is called ...