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Concentrating industries in one place is advantageous because there are gains in terms of_____________

Economics
JAMB 2018

Concentrating industries in one place is advantageous because there are gains in terms of_____________

  • A. cost economies
  • B. economies of scale
  • C. internal economies
  • D. external economies
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Correct Answer: Option B
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Join your school's WhatsApp group