One of the advantages of large - scale production is that

Assessment: JAMB UTME - Economics - 1984 Subject: Economics

Question 1 Report

One of the advantages of large - scale production is that

Answer Details

The usage of machinery helps to oversee in a large scale of production which in turn covers the high amount in time consumption. This makes room for the efficiency of labour as compared to the usage of manpower.

Read lesson note on The Theory Of Supply (JAMB)
Read lesson note on The Theory Of Production (JAMB)
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