The following is NOT a reason for the existence of small ...
The following is NOT a reason for the existence of small firms
Scale of production is limited by the size of the market
Expansion brings diminishing returns
Large firms can carter for wide markets
Small firms can provide personal services
All of the above
Correct answer is B
No explanation has been provided for this answer.
A good is said to be inferior if its demand ...
The profit of a monopolist can be eliminated where price equals ...
Petroleum 'glut' in international trade means ...
A government treasury bill is a form of debt instrument which falls due for repayment after ...
At any given level of output, a firm's total variable cost equals ...
Prohibiting the sale of lace materials in Nigeria would probably lead to? ...
A major characteristic of natural resources is they ...
At the point where total utility begins to decline MU is ...