Economics 2281 · O Level · Firms' costs, revenue and objectives

Firms' costs, revenue and objectives — practice question

A producer of medical supplies gains from better road connections to its principal markets. Which benefit is guaranteed to occur as a result?

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

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