Other questions in this quiz

2. Which of these are ALL benefits of growth

  • No more competition, possible job loss, higher prices to pay
  • Increased profits, increased market share, new ideas gained
  • Increased employment, new ideas gained, possible diseconomies of scale
  • Increased profit, increased market share, less choice for customers

3. Firms look to maximise

  • Profit
  • Employment
  • Loss
  • Unemployment

4. What is the name of growth generated through increasing sales?

  • External growth
  • Alice
  • Internal growth
  • Steve

5. Why do firms grow?

  • Help to increase profit/brand image
  • To help decrease unemployment
  • The government forced them to
  • To beat other firms


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