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

Author Question: Economies of scale can lead to an oligopolistic market structure because A) a few firms can force ... (Read 89 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
Economies of scale can lead to an oligopolistic market structure because
 
  A) a few firms can force rivals to produce at low levels of output.
  B) if larger firms have lower costs, new small entrants will not be able to produce at the low costs achieved by the big established firms.
  C) if economies of scale are insignificant, only a few firms are able to produce at the low costs achieved by the big established firms.
  D) a few firms can use high profits to keep out new entrants.

Question 2

Refer to Figure 12-2. What happens if the firm produces more than Q4 units?
 
  A) It could make a profit or a loss depending on what happens to demand.
  B) Its total revenue is increasing faster than its total cost.
  C) Its profit increases.
  D) It makes a loss.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jamesnevil303

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
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 42% of students answer this correctly


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Wow, this really help

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Fluid-mosaic model of membrane structure Fluid-mosaic model of membrane structure
Structure of eudicot and monocot seeds Structure of eudicot and monocot seeds
Lymph node structure. Lymph node structure.
Structure of Complex III (coenzyme Q:cytochrome c oxidoreductase) Structure of Complex III (coenzyme Q:cytochrome c oxidoreductase)
A forklift pushes a 100-kg crate, starting from rest, exerting a horizontal force of magnitude ... A forklift pushes a 100-kg crate, starting from rest, exerting a horizontal force of magnitude ...
Structure of the human adrenal gland Structure of the human adrenal gland
Video: Red Blood Cells - Erythropoietin (EPO)

For a complete list of videos, visit our video library