CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following factors enable MNCs to produce better quality products at lower prices?

A
Availability of fund
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Market access
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Advanced technology
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Large customer base
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Advanced technology
MNCs have the capacity to invest huge amounts of money as capital. Thus, they can operate large-scale production. This results in lower cost of production. Moreover, use of technology helps them in producing quality goods.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Let's Practice Part 1
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon