[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
  1. Home
  2. Classroom
  3. Economics
  4. WAEC 2024
  5.  An advantage a...

 An advantage a small firm has over a large firm is that the former can...

Economics
WAEC 2024

 An advantage a small firm has over a large firm is that the former can better

  • A. enjoy financial economics of scale
  • B. satisfy individual tastes.
  • C. enjoy internal economics of scale.
  • D. attract huge discounts on inputs.
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Correct Answer: Option C
Explanation

C: Smaller firms enjoys internal economics of scale because it can still add more inputs to produce more output without changing any capital components.  

Previous Next
Go back to Econs classroom

Report an Error Ask A Question Download App
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
{{ text }}

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Post your Contribution

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
 
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts