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Factors determining the size of firms - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Jamb Past Questions and Answers on Factors determining the size of firms

Question 6:


A possible factor which limits the extent of growth of a firm is the?

A. Existence of a monoploy
B. Bureaucratic delays in decision-making
C. Use of by-products
D. Unwillingness to share ownership and control


Question 7:


The maximum number of workers that should be hired is

A. 2
B. 3
C. 4
D. 5






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