Question 0

The following is NOT a reason for the existence of small firms

  • A.Scale of production is limited by size of the market
  • B.Expansion brings diminishing returns
  • C.Large firms can carter for wide markets
  • D.Small firms can provide personal services
  • E.All of the above
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1978
Question no.
#0
Type
Objective

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