Certain Benefit an Industry gets when it expands its scale of production is Known as:

CA Foundation · Business Economics · RTP · September 2024
Certain Benefit an Industry gets when it expands its scale of production is Known as:
(A) A. Internal Economies
(B) B. Diseconomies
(C) C. External economies
(D) D. Profit

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Internal Economies

Topics: Theory of Production and Cost

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