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

Author Question: How can economies of scale lead to monopoly?[br][br][b][color=#FBB117]Question ... (Read 107 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
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
Gracias!

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

How to calculate regular payments or deposits using the annuity formula (Question 1) How to calculate regular payments or deposits using the annuity formula (Question 1)
How to choose the right payment plan with changing conditions (Question 2) How to choose the right payment plan with changing conditions (Question 2)
Hardness: Mohs Scale (2 of 2) Hardness: Mohs Scale (2 of 2)
Y U NO ... Ask a Question? (Animated) Y U NO ... Ask a Question? (Animated)
Economics question Economics question
economic question (having trouble) economic question (having trouble)
Video: Pressure Flow Model Animation

For a complete list of videos, visit our video library