Reproduction in the average total cost of producing a products as the firm expands the size of plants (its output) in the long run________________?
A. Economics of scale
B. Economics of mass production
C. Both of these
D. None of these
A. Economics of scale
B. Economics of mass production
C. Both of these
D. None of these
A. Economic development
B. Economic growth
C. Growth rate
D. Economic efficiency
A. Dumg
B. Subsidy
C. Inflation
D. Monopoly
A. Utility
B. Worth
C. The point of satiety
D. All of these
Power of a good/ service to satisfy human desire/want is called____________________? Read More »
Agricultural economics A. GDP
B. NNp
C. NDP
D. GNP
A. Gross income
B. Net income
C. Personal income
D. None of above
A. Adam Smith
B. Marshall
C. Robins
D. Marks