This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If there are economies of scale throughout the relevant output range of production, which is false? ... (Read 15 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
If there are economies of scale throughout the relevant output range of production, which is false?
 a. It is a natural monopoly.
 b. It is more efficient to have a single firm produce the good.
 c. It would typically result from a firm's possession of an exclusive patent.
  d. One large firm can produce at lower cost than two or more smaller firms.

Question 2

Government standards for products sold in the domestic market can have the effect of protecting domestic producers from foreign competition.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


rl

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Wow, this really help

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Range of Motion of the Elbow Joint, Flexion, Extension Range of Motion of the Elbow Joint, Flexion, Extension
Mensuration: A goniometer is used to measure the range of motion of a joint. Mensuration: A goniometer is used to measure the range of motion of a joint.
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
Electricity production accounts for 25% of greenhouse gas emissions Electricity production accounts for 25% of greenhouse gas emissions
Storm Surge Scale Storm Surge Scale
Video: Introduction to Herpes

For a complete list of videos, visit our video library