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Tuesday, 16 June 2026
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One reason firms expand production is:

One reason firms expand production is:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A To eliminate specialization
  • B To achieve economies of scale
  • C To increase production inefficiency
  • D To reduce technological usage
Correct Answer: Option B
Explanation:
Expansion helps firms reduce average costs and increase profits through large-scale production advantages.

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