Marshall's concept of external economies and diseconomies refers to: a) Changes in output resulting from changes in
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Question:
Marshall's concept of external economies and diseconomies refers to:
a) Changes in output resulting from changes in input levels
b) The effects of production on the environment
c) The benefits or costs experienced by firms in an industry as a result of the growth of that industry
d) The costs incurred by firms when producing a good or service Marshall coined the term "marginal utility" to describe: a) ?The additional satisfaction gained from
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date: