MCQOPTIONS
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| 1. |
Which of the following is example of external economies of scale? |
| A. | iscount on purchases of raw materials |
| B. | echnical progress leads to development of machine at low price |
| C. | iring of specialized staff due to increase in scale of production |
| D. | firm starts producing by-products |
| Answer» C. iring of specialized staff due to increase in scale of production | |