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The advantages which firms obtain directly from expanding their operations are referred to as?

Economics
JAMB 1995
The advantages which firms obtain directly from expanding their operations are referred to as?
  • A. internal economies of scale
  • B. external economies of scale
  • C. economics of localization
  • D. economies of resources allocation
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now