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Author Question: Barriers that prevent the entry of new firms may arise because: a. economies of scale exist over a ... (Read 81 times)

mikaylakyoung

  • Hero Member
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on: Jun 30, 2018
Barriers that prevent the entry of new firms may arise because:
 a. economies of scale exist over a substantial range of industry demand.
  b. marginal revenue is less than average total cost.
 c. the government protects some firms from competition.
 d. of both (a) and (c).

Question 2

The export supply curve is the portion of the domestic supply curve below the no-trade equilibrium price.
 a. True
  b. False
  Indicate whether the statement is true or false


mohan

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  • Posts: 362
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


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