A-LevelEconomicsThe price system and the microeconomy9708/32 · Oct/Nov 2018 · Q91 Mark
Technological change reduces the minimum efficient scale of production in an industry. What is likely to result?
- Technological change reduces the minimum efficient scale of production in an industry. What is likely to result? A increased number of firms and increased size of firms B increased number of firms and reduced size of firms C reduced number of firms and increased size of firms D reduced number of firms and reduced size of firms[1]
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.
- [1] B
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