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The size of firms in an industry is mainly influenced by:
- a)Government regulations
- b)Market demand
- c)Technological advancements
- d)Availability of skilled labor
Correct answer is option 'B'. Can you explain this answer?
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The size of firms in an industry is mainly influenced by:a)Government ...
The size of firms in an industry is primarily influenced by market demand. If there is high demand for products or services, firms tend to expand in order to meet the demand. Government regulations (a) can impact certain aspects of a firm's operations, but they do not directly determine the size of firms. Technological advancements (c) can influence the efficiency and productivity of firms. Availability of skilled labor (d) is also a factor that can affect the size of firms.
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The size of firms in an industry is mainly influenced by:a)Government regulationsb)Market demandc)Technological advancementsd)Availability of skilled laborCorrect answer is option 'B'. Can you explain this answer?
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The size of firms in an industry is mainly influenced by:a)Government regulationsb)Market demandc)Technological advancementsd)Availability of skilled laborCorrect answer is option 'B'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about The size of firms in an industry is mainly influenced by:a)Government regulationsb)Market demandc)Technological advancementsd)Availability of skilled laborCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The size of firms in an industry is mainly influenced by:a)Government regulationsb)Market demandc)Technological advancementsd)Availability of skilled laborCorrect answer is option 'B'. Can you explain this answer?.
The size of firms in an industry is mainly influenced by:a)Government regulationsb)Market demandc)Technological advancementsd)Availability of skilled laborCorrect answer is option 'B'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about The size of firms in an industry is mainly influenced by:a)Government regulationsb)Market demandc)Technological advancementsd)Availability of skilled laborCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The size of firms in an industry is mainly influenced by:a)Government regulationsb)Market demandc)Technological advancementsd)Availability of skilled laborCorrect answer is option 'B'. Can you explain this answer?.
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