This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If economies of scale are relatively important in an industry, the typical firm's (Read 211 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Oct 8, 2019

If economies of scale are relatively important in an industry, the typical firm's


◦

marginal cost curve will decline continuously until it reaches minimum efficient scale.


◦

long-run average cost curve will reach a minimum at a level of output that is a relatively large fraction of total industry sales.


◦

long-run average cost curve will reach a minimum at a level of output that leaves room for a large number of firms to enter the industry.


◦

long-run average cost curve will begin rising before it reaches minimum efficient scale.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jc611 on Oct 8, 2019

nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Oct 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


jc611

  • Member
  • Posts: 552
Reply 2 on: Oct 8, 2019
YES! Correct, THANKS for helping me on my review

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Acromegaly. Photo of a woman illustrating the enlarged skull, jaw, and hands typical of acromegaly. Acromegaly. Photo of a woman illustrating the enlarged skull, jaw, and hands typical of acromegaly.
Typical Caffeine Content of Chocolate and Several Beverages Typical Caffeine Content of Chocolate and Several Beverages
It is important that parents repeat safety rules to preschoolers and monitor compliance with rules. It is important that parents repeat safety rules to preschoolers and monitor compliance with rules.
Structure of a typical neuron. Structure of a typical neuron.
A typical electric cooling fan assembly showing the radiator and related components. A typical electric cooling fan assembly showing the radiator and related components.
The growth of GHG emissions is greatest in the rapidly growing economies of India and China The growth of GHG emissions is greatest in the rapidly growing economies of India and China
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library