external economies refer to the

ECONOMICS
WAEC 1998

external economies refer to the

  • A. cost-saving advantage a firm enjoys when by being close to other firm in the same industry
  • B. disadvantage to a firm that is close to other firms
  • C. economies of large scale production
  • D. economies of low scale production

Correct Answer: A. cost-saving advantage a firm enjoys when by being close to other firm in the same industry



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