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 50 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

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Structure and function of the hypothalamus and pituitary gland. Structure and function of the hypothalamus and pituitary gland.
Retrovirus Structure Retrovirus Structure
Structure of the H-R Diagram Structure of the H-R Diagram
Plasticity of Secondary and Tertiary DNA Structure Plasticity of Secondary and Tertiary DNA Structure
Structure of a Phospholipid Phospholipids Structure of a Phospholipid Phospholipids
Structure and function of the Gal4p activator Structure and function of the Gal4p activator
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library