Economics 0455 · IGCSE · Firms and production

Firms and production — practice question

A television manufacturer says that its production is the most technologically advanced in the industry. Compared with rival producers, what is this most likely to imply?

  • AIt has a greater share of the television market.
  • BIt is a more diversified company.
  • CIt is less likely to be disrupted by strike action.
  • DIt needs a more highly skilled workforce.

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