This topic contains a solution. Click here to go to the answer

Author Question: One possible reason for Wal-Mart's success is that centralized-decision making provides economies of ... (Read 79 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

T

Answer to Question 2

c




awywial

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


momolu

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

 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

For a complete list of videos, visit our video library