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Author Question: One possible reason for Wal-Mart's success is that centralized-decision making provides economies of ... (Read 47 times)

awywial

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One possible reason for Wal-Mart's success is that centralized-decision making provides economies of scale that allow it to aggressively bargain down wholesale prices of standard consumer goods.
  Indicate whether the statement is true or false

Question 2

If firms in a monopolistically competitive industry are making economic profits:
 a. firms will likely be subject to regulation.
  b. barriers to entry will be strengthened.
 c. new firms will enter the market.
 d. some firms must exit the market.



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Silverbeard98

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Answer to Question 1

T

Answer to Question 2

c




awywial

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


upturnedfurball

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Reply 3 on: Yesterday
Gracias!

 

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