Other questions in this quiz

2. Which of these are ALL benefits of growth

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

3. Firms look to maximise

  • Profit
  • Employment
  • Loss
  • Unemployment

4. What is the name of growht generated through a merger or takeover?

  • Mark
  • Internal
  • External
  • Kaitlin

5. Which of these are ALL costs of growth

  • Possible diseconomies of scale, new business may not need all workers, external growth
  • Possible job loss, higher prices to pay, costs alot to merge
  • No more competition, possible job loss, higher prices to pay
  • Internal growth, less choice for customers, possible diseconomies of scale

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