One of the advantages of large - scale production is that...
One of the advantages of large - scale production is that
There is a rise in the cost of administration
Consumers sacrifice their individual tastes
The firm can use labour - saving machinery
The demand for a firm's products become localized
Decision making takes a long time because different levels of management are involved
Correct answer is C
No explanation has been provided for this answer.
Which of the following is associated with the development of petroleum industry in Nigeria? ...
An important feature of economic development is ...
A firm operating at full capacity will have a ...
The reward for land as a factor of production is ...
A condition for consumer utility maximization is ...
The capital market provides business firms with the avenue to ...
Diminishing return occurs in short run when there is a reduction in the ...