Post Utme Caleb University 2019 Commerce Question 6
Practice objective / multiple choice question 6 from the 2019 Post Utme Caleb University Commerce examination.
A firm specializes in producing only one product. This specialization allows the firm to achieve economies of scale in production. However, it also exposes the firm to a higher risk of business failure. What is the name of this type of risk?
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About This Question
This is Post Utme Caleb University 2019 Commerce Question 6. It is one of the objective questions from the 2019 Post Utme Caleb University Commerce examination.
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