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 112 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
Great answer, keep it coming :)

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

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?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

The three dimensions of stream structure. The three dimensions of stream structure.
Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Solar particles interact with Earth's magnetosphere. Sizes not to scale. Solar particles interact with Earth's magnetosphere. Sizes not to scale.
Atomic Structure of Quartz Atomic Structure of Quartz
Chemical structure of lipids. Chemical structure of lipids.
The two major forms of polynucleotide secondary structure The two major forms of polynucleotide secondary structure
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library