The benefits that accrue to a firm as a result of an improvement in the...

Economics

JAMB 2002

The benefits that accrue to a firm as a result of an improvement in the industry it belongs to are called?

A. internal economies of scale
B. economies of scale
C. market economies
D. external economies

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Correct Answer: Option D

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The benefits that accrue to a firm as a result of an improvement in the...

Correct Answer: Option D

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