The use of mass advertising media enable a firm to enjoy<...
The use of mass advertising media enable a firm to enjoy
Managerial economies
Financial economies
Marketing economies
Welfare economies
Correct answer is C
Marketing economies of scale is an advantage of large firms, which have a lower unit cost for advertising and promotion than small firms. A large firm can buy raw materials in bulk, produce in large quantities and distribute to many areas where they are required.
Indirect taxes are generally ...
An imperfect competitor is in equilibrium when ...
A greater burden of the taxes on essential goods is borne by the ...
The three principal economic unit in any system are ...
A commodity is said to have derived demand when it ...
A scientific approach in economic analysis entails ...
Distribution is part of production because it ...
Which of the following statements does NOT describe a situation of perfect competition? ...