1.4 Production, costs and revenue

Which one of the following is most likely to restrict the growth of an individual firm?

substantial managerial diseconomies of scale at low levels of output

external economies of scale in the wider industry

significant technical economies of scale at high levels of output

a highly contestable market structure

Which one of the following is most likely to restrict the growth of an individual firm?

substantial managerial diseconomies of scale at low levels of output

external economies of scale in the wider industry

significant technical economies of scale at high levels of output

a highly contestable market structure

1.4 Production, costs and revenue Questions