SSC MTS / SSC GD Exam  >  SSC MTS / SSC GD Questions  >  The concept of "economies of scale"... Start Learning for Free
The concept of "economies of scale" is most closely associated with which type of industry?
  • a)
    Small-scale industry
  • b)
    Cottage industry
  • c)
    Large-scale industry
  • d)
    Heavy industry
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The concept of "economies of scale" is most closely associat...
Economies of scale refer to the cost advantages that a firm experiences when it increases its scale of production. Large-scale industries benefit from economies of scale due to higher production levels, leading to lower average costs.
Explore Courses for SSC MTS / SSC GD exam

Top Courses for SSC MTS / SSC GD

The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer?
Question Description
The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer? for SSC MTS / SSC GD 2025 is part of SSC MTS / SSC GD preparation. The Question and answers have been prepared according to the SSC MTS / SSC GD exam syllabus. Information about The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC MTS / SSC GD 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer?.
Solutions for The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC MTS / SSC GD. Download more important topics, notes, lectures and mock test series for SSC MTS / SSC GD Exam by signing up for free.
Here you can find the meaning of The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The concept of "economies of scale" is most closely associated with which type of industry?a)Small-scale industryb)Cottage industryc)Large-scale industryd)Heavy industryCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice SSC MTS / SSC GD tests.
Explore Courses for SSC MTS / SSC GD exam

Top Courses for SSC MTS / SSC GD

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev