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Question 69

As a firm expands, it enjoys some advantages called

  • A. variable proportion
  • B. diminishing marginal returns
  • C. internal economies of scale
  • D. decreasing returns to scale
Objective

Question details

Exam body
BUK
Subject
Economics
Year
2010/2011
Question no.
#69
Type
Objective
Previous · Q68The concept of opportunity cost is important to the firm because it Next · Q70 Division of labour is limited by

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