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Economics

Economics · Quick practice · answer shown after each question

Firms and industrialisation

Question 1 of 10

Question 1 of 10

Economies of scale are

Question 2 of 10

Question 2 of 10

Ghana's One District, One Factory policy is aimed mainly at

Question 3 of 10

Question 3 of 10

The optimum firm size is where

Question 4 of 10

Question 4 of 10

Locating a factory near its raw materials is important when the raw materials are

Question 5 of 10

Question 5 of 10

A merger of firms at the same stage of production is

Question 6 of 10

Question 6 of 10

A group of firms producing the same or similar products is

Question 7 of 10

Question 7 of 10

A disadvantage of industrialisation is

Question 8 of 10

Question 8 of 10

Vertical integration is a merger between firms

Question 9 of 10

Question 9 of 10

Infant industries need protection because they

Question 10 of 10

Question 10 of 10

A firm is

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.