support@Free-Braindumps.com
Register Login
Cisco
CompTIA
ISC
EC-Council
EXIN
Fortinet
ITIL
Juniper
Microsoft
VMware
Avaya
SAP
Google
NVIDIA
Salesforce
Amazon
Palo Alto Networks
ISC2
CrowdStrike
Anthropic
All Vendors
  1. Home
  2. Exams
  3. CIMA
  4. CIMAPRA17-BA1-1

Free CIMAPRA17-BA1-1 Exam Braindumps
BA1 - Fundamentals of Business Economics Questions 176–180 (page: 37)

Updated On: 9-Feb-2026
Page 37 of 95
PDF with 468 Questions

Which of the following industries would be expected to have the largest number of businesses operating within them?

  1. Automobiles
  2. Banking and insurance
  3. Commercial airlines
  4. Agriculture

Answer(s): D



All of the following will tend to increase the number of firms in any one industry except which one?

  1. Decreasing returns to scale
  2. High transport costs
  3. Low barriers to entry
  4. Product differentiation

Answer(s): D



All the following statements about small firms are correct except one.
Which statement is incorrect?

  1. Small firms do not generally raise finance on the capital market
  2. Banks may refuse to lend to small firms because of the risk involved
  3. Small firms are common in industries which display increasing returns to scale
  4. Small firms are common in industries where there are niche markets

Answer(s): D



Total economic welfare derived from an activity will be maximized if the activity is undertaken up to the point at which

  1. Marginal private benefit exceeds marginal private cost
  2. Marginal social benefit equals marginal social cost
  3. Marginal social benefit equals marginal private benefit
  4. Marginal private benefit equals marginal private cost

Answer(s): B



An example of forward vertical integration is

  1. The merger between Mercedes and Chrysler in the car industry
  2. A car manufacturer taking over an engine factory
  3. The Ford car company producing refrigerators
  4. A car manufacturer investing in a chain of car showrooms and dealers

Answer(s): D



  PDF
Viewing page 37 of 95
Viewing questions 181 - 185 out of 468 questions


Post your Comments and Discuss CIMA CIMAPRA17-BA1-1 exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!