Management Notes

Reference Notes for Management

That the division of labor is limited by the size of the market best applies to which explanation of trade:

That the division of labor is limited by the size of the market best applies to which explanation of trade:

That the division of labor is limited by the size of the market best applies to which explanation of trade:

 Options:

a. Factor endowment theory
b. Product life cycle theory
c. Economies of scale theory
d. Overlapping demand theory

The Correct Answer Is:

c. Economies of scale theory

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