Concentrating industries in one place is advantageous because there are gains in terms of __________?

By: |Published on: Oct 18|Categories: Economics JAMB| 0 comments

A. cost economies
B. economies of scale
C. internal economies
D. external economies

Correct Answer:

Option B – economies of scale

Users Also Read These:

SEE ALSO  In a socialist economy, prices of commodities are determined by?

Copyright warnings! Do not copy.