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.
One of the factors determining price elasticity of demand for a commodity is the ...
Positive checks as envisaged by Thamos Malthus can be prevented if ...
Which of the following institutions does not operate in the money market? ...
One of the advantages of large - scale production is that ...
Discounting a bill of exchange means the bill is ...
The survival of partnership depends on ...
Inferior goods are referred to in Economics as goods ...
Which of the following does not affect a country's population? ...