A-LevelEconomicsThe price system and the microeconomy9708/32 · Oct/Nov 2018 · Q111 Mark
What would be a reason why small firms do not survive?
- What would be a reason why small firms do not survive? A In certain industries, there are economies of scale. B Small firms often supply personal services to consumers. C Small firms often supply products, the size of the market for which is limited. D Small owner-managed firms involve less risk.[1]
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.
- [1] A
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