Economics 0455 · IGCSE · Firms’ costs, revenue and objectives

Firms’ costs, revenue and objectives — practice question

A manufacturer of medical supplies gains from better road connections to its main markets. Which benefit will certainly happen as a result?

  • Aincreased average revenue
  • Bincreased external economies of scale
  • Cincreased internal economies of scale
  • Dincreased market share

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