Which of the following defines organisational economies?
A) With larger firms, more expenditure becomes profitable, such as R&D.
B) With larger firms, individual plants can specialise in particular functions.
C) The bigger the firm, the more products it becomes profitable to produce.
D) Large firms are able to organise finance more easily.
Correct Answer:
Verified
Q18: Which of the following is a fixed
Q19: If marginal cost is above average cost,
Q20: Which of the following represents the point
Q21: Adam Smith used the term 'division of
Q22: Which of the following is not a
Q24: The ability of a firm to diversify
Q25: The services that supply an industry are
Q26: The following table provides information about the
Q27: By 'diseconomies of scale' economists mean
Q28: As firms get larger, specialisation of labour
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents