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Author Question: Economies of scale can lead to an oligopolistic market structure because A) a few firms can force ... (Read 105 times)

leo leo

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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.
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jamesnevil303

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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.
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leo leo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
:D TYSM

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