Author Question: The economies of scale essentially suggest that larger producers have a cost advantage against ... (Read 59 times)

jCorn1234 · **on:** Sep 10, 2018

The economies of scale essentially suggest that larger producers have a cost advantage against smaller producers.

Indicate whether this statement is true or false.

Question 2

If a country's currency appreciates compared to other currencies, that country's export-oriented businesses become more competitive globally.

Indicate whether this statement is true or false.