A. a leftward shift of the supply curve B. a rightward shift of the supply curve C. a movement along…
A. average variable cost curve at its highest point B. average cost curve at its lowest point C. average cost…
A. diminishing returns to scale B. returns to scale C. external economies of scale D. economies of scale Correct Answer:…
A. location of sites B. output generated C. size of production D. techniques of production Correct Answer: Option A -…
A. subsidiary industries to increase the number of industries B. main industries to increase output C. industries to reduce imports…
A. 48% B. 64% C. 40% D. 52% Correct Answer: Option B - 64%
A. market size B. population groupings C. raw materials D. external economies Correct Answer: Option D - external economies
A. work-to-rule B. negotiation C. picketing D. management decision Correct Answer: Option B - negotiation
A. generation of revenue for the oil companies B. provision of employment opportunities for communities C. generation of revenue for…
A. stability in prices B. a steady rise in prices C. a steady decline in prices D. instability in prices…