A. Economics of scale
B. Economics of mass production
C. Both of these
D. None of these
Correct Answer: Both of these ✔
Last Updated: March 28, 2019
Related MCQs
- An increase either in real output (GDP) or in real output per capita is called__________?
- The sale of products below sale of production in a foreign country or below the prices charged at home is called ?
- Power of a good/ service to satisfy human desire/want is called__________?
- All the goods and services produced in a country in a year plus other sources of income for example foreign exchange earnings, foreign aid, foreign remittance, loans etc are called ?
- Total money income received by the individual or recipients of income is called__________?
- “Economics is the study of causes of material welfare” was defined by__________?