Author Question: The 1990s saw A) a return to family businesses. B) a flattening of organizations. C) a ... (Read 24 times)

tingc95 · **on:** Jun 30, 2018

The 1990s saw
A) a return to family businesses.
B) a flattening of organizations.
C) a heightening of organizations.
D) an increase in bureaucratic forms of business.

Question 2

How do economies of scale result in barriers to entry into oligopoly models?

josephsuarez · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

B

Answer to Question 2

Economies of scale act as barriers to entry because newer, smaller firms will have costs that are substantially higher than for larger established firms. This means that prices that can be profitable for existing firms can be unprofitable for potential new firms, deterring entry.