Economics (AS & A Level) · Oct / Nov 2021 · Paper 33 · Question 9
9708Growth and survival of firms
What is most likely to pose a threat to the survival of small local bread producers?
- Aan increase in the cost per minute of television advertising
- Ba switch in consumer preferences to cheaper mass-produced bread
- Cdiseconomies of scale in the process of bread production
- Dincreased congestion on road networks
As printed in the paper
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Correct answer: B. a switch in consumer preferences to cheaper mass-produced bread
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