Which of the following is not true of small companies? Th...
Which of the following is not true of small companies? They
Cannot benefit from economies of scale
Are a good source of new jobs
Can satisfy demand in specialist markets
Have a good record of technical innovation
Correct answer is D
Small companies do not have a good record of technical innovation because they are mainly a start up whose operations are limited to a small market area, small teams of employee, limited area of locations and lower revenue and profitability.
If the demand for one commodity excludes another, it is said to be ...
The marginal revenue curve of a monopolist is ...
Non-bank financial intermediaries do not ...
A balance budget is defined as a condition of ...
Human wants are insatiable because wants are ...
A movement from K to M will ...
The practice of selling goods overseas and often below the cost of production is known as ...