« previous next »

Author Question: What does it mean if an industry has external diseconomies? What will be an ideal ... (Read 27 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
What does it mean if an industry has external diseconomies?
 
  What will be an ideal response?

Question 2

The level of saving in Japan has historically been high relative to the level of domestic investment. Based on this information, we would expect that
 
  A) Japan's private saving is greater than its public saving.
  B) Japan's capital inflows are positive.
  C) Japan's net foreign investment has been relatively low.
  D) Japan's net exports have been relatively high.


CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

There are external diseconomies in an industry if long-run average costs rise as the size of the industry increases.

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

External View of the Right Eye External View of the Right Eye
scanning electron micrograph showing an ovum (pink) released by the ovary at ovulation surrounded by scanning electron micrograph showing an ovum (pink) released by the ovary at ovulation surrounded by
External beam radiotherapy. External beam radiotherapy.
External Obliques External Obliques
Industry is responsible for 21% of global greenhouse gas emissions Industry is responsible for 21% of global greenhouse gas emissions
Wages and Machines in the Textile Industry, 1910 Wages and Machines in the Textile Industry, 1910
Video: Blood Flow Through the Kidneys

For a complete list of videos, visit our video library