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 104 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
Excellent

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

The double-stranded structure of DNA The double-stranded structure of DNA
Eukaryotic structure Eukaryotic structure
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Crystal structure of a synthetic Holliday junction Crystal structure of a synthetic Holliday junction
The chemical structure of the water molecule The chemical structure of the water molecule
Structure of a mature sperm, a male gamete. Structure of a mature sperm, a male gamete.
Video: Febrile Seizure

For a complete list of videos, visit our video library