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

Author Question: How can economies of scale lead to monopoly?[br][br][b][color=#FBB117]Question ... (Read 92 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
How can economies of scale lead to monopoly?

Question 2

Foreign exchange market intervention is most effective when:
 a. each country's political leaders agree to cooperate fully with the process.
  b. leading economists in each country believe that intervention is needed.
  c. permanent differences between the free market exchange rate and the fixed exchange rate are expected.
  d. temporary differences between the free market exchange rate and the fixed exchange rate are expected.
  e. all the countries restrict the international movement of goods and services.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A single firm, which experiences economies of scale over the entire range of industry demand, can provide a good or a service to the market at a lower average cost than can multiple firms. This is frequently the case with utilities in a local community.

Answer to Question 2

d




Shelles

  • Member
  • Posts: 582
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library