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  9. Q9
Question 9

As a firm expand s , it enjoys some advantages called

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

Question details

Exam body
WAEC
Subject
Economics
Year
2004
Question no.
#9
Type
Objective
Previous · Q8The concept of opportunity cost is important to the firm because it Next · Q10 division of labour is limited by

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