Economics · May / June 2022 · Paper 11 · Question 10
2281Firms
A manufacturer of medical supplies benefits from improved road links to its main markets. What benefit definitely occurs as a result?
- Aincreased average revenue
- Bincreased external economies of scale
- Cincreased internal economies of scale
- Dincreased market share
As printed in the paper
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Correct answer: B. increased external economies of scale
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