Economics 0455 · IGCSE · Firms

Firms — practice question

Which pairing shows the advantages that a small firm has over a larger firm?

  • Abetter communication: no; greater independence: no; lower average cost: yes
  • Bbetter communication: no; greater independence: yes; lower average cost: no
  • Cbetter communication: yes; greater independence: yes; lower average cost: no
  • Dbetter communication: yes; greater independence: yes; lower average cost: yes

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