Question

when an industry expands its size, then it disintegrates the production into several parts and specializes each part of production for the benefit of its member firms is named---------------.. * 0/1 economies of division of labor a. economies of concentration d. economies of information b. economies of risk bearing

Answer 1

When an industry expands its size, then it disintegrates the production into several parts and specializes each part of production for the benefit of its member firms is named---------------.. * 0/1 economies of division of labor a. economies of concentration d. economies of information b. economies of risk bearing