If a new motorway is built near to a company, thus reducing its costs, this is an example of:
A. commercial economies of scale
B. Financial economies of scale
C. Managerial economies of scale
D. External economies of scale
Answer:D
If a new motorway is built near to a company, thus reducing its costs, this is an example of:
A. commercial economies of scale B. Financial economies of scale C. Managerial economies of scale D. External economies of scale