Question 19
Question 19 of 40
Question image for Q19
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
3. Microeconomic decision...
3.5. Firms

How internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes.

3. Microeconomic decision...
3.7. Firms’ costs, revenue and obje...

Definition, drawing and interpretation of diagrams that show how changes in output affect costs of production.