A. managerial economies
B. financial economies
C. marketing economies
D. welfare economies
Correct Answer:
Option C – marketing economies
Explanation
Marketing economies of scale is an advantage of large firms, which have a lower unit cost for advertising and promotion than small firms. A large firm can buy raw materials in bulk, produce in large quantities and distribute to many areas where they are required.
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
400 Level Department of Entrepreneurship Development Centre exam questions and detailed answers. Download the answers in…
400 Level Department of Entrepreneurship Development Centre exam questions and detailed answers. Download the answers in…