the size of an enterprise is determined by?
- number of customers of the enterprise
- length of the time the firm has been in operation
-
amount of capital invested
- type of work done
The correct answer is: C
Explanation
Measures of Size:
- Capital Invested: The Amount of capital invested is one measure of size that can be used to compare the size of like and unlike firms.
- Value of the Product:
- The Number of Wage-earners Employed:
- Power Used
- Amount of Raw Materials Consumed
- Volume of Output
- Productive Capacity of the Plant