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

Author Question: Suppose the technology of an industry is such that the typical firm's minimum efficient scale is 18 ... (Read 57 times)

ksmithunr

  • Full Member
  • ***
  • Posts: 176
on: Oct 12, 2022
Suppose the technology of an industry is such that the typical firm's minimum efficient scale is 18 units per day at an average long-run cost of $1600 per unit. If the total quantity demanded at a price of $1750 per unit is 16 units per month, the likely result would be
◦ price discrimination.
◦ a natural monopoly.
◦ a cartel.
◦ a competitive industry.
◦ a concentrated oligopoly.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ksmithunr on Oct 12, 2022

hvhf4k+549qz8f218jyo@shar

  • Full Member
  • ***
  • Posts: 174
Reply #1 on: Oct 12, 2022
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 50% of students answer this correctly


ksmithunr

  • Member
  • Posts: 176
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Fluid compartments in a typical vertebrate. Fluid compartments in a typical vertebrate.
Typical combustion and exhaust temperatures. Typical combustion and exhaust temperatures.
Operation of a typical pulse generator (pickup coil). At the bottom is a line drawing of a typical ... Operation of a typical pulse generator (pickup coil). At the bottom is a line drawing of a typical ...
A typical low-side driver (LSD) which uses a control module to control the ground side of the relay ... A typical low-side driver (LSD) which uses a control module to control the ground side of the relay ...
Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2] Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2]
Typical leaf structure of eudicots (left) and monocots (right). Typical leaf structure of eudicots (left) and monocots (right).
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library