INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What type of business usually experiences economies of scale due to expanded operations?
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Large manufacturing plant
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Monopoly
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Individual financial planner
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Small local retailer
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Explanation:
Detailed explanation-1: -An example of economies of scale in financing include: being able to use large-scale plant and equipment. being able to access the Euroequity, Eurobond, and Eurocurrency markets. being able to ship product in shiploads or carloads.
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