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economics
> 3.1 - business growth > Flashcards
3.1 - business growth Flashcards
Study These Flashcards
1
Q
why do firms choose to grow
A
to achieve economies of scale, decreased production costs = more sales = more rev
greater market share, can influence price
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economics
(5 decks)
1.1 - nature of economics
1.2 - introduction to markets and market failure
1.3 - markets and market failure
theme 2
3.1 - business growth