Q.
1
| List-I | List-II |
| (a) Economies of scale | (i) arise with lower average costs of manufacturing a product when two complementary products are produced by a single-firm |
| (b) Internal economies | (ii) Mean lowering of costs of production by producing in bulk |
| (c) External economies | (iii) Arise when cost per unit depends on size of the firm |
| (d) Economies of scope | (iv) Arise, when cost per unit depends on the size of the industry, no the firm |
-
A
(a) (b) (c) (d) (ii) (iv) (i) (iii) -
B
(i) (ii) (iii) (iv) -
C
(ii) (iii) (iv) (i) -
D
(iv) (iii) (ii) (i)