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Author Question: In each of the following possible circumstances, decide whether the effect will be to:(i)Reduce the ... (Read 38 times)

beccaep

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on: May 25, 2020
In each of the following possible circumstances, decide whether the effect will be to:
(i)Reduce the size of monopoly profits
(ii)Prevent prices being considerably above the competitive level
(iii)Both
(iv)Neither
a)The market is contestable. ________
b)The firm(s) achieve substantial economies of scale. ________
c)The firm(s) suffer from considerable X-inefficiency. ________
d)The firm(s) use a large proportion of their profits for investment in more efficient capital
equipment. ________
e)The barriers to the entry of new firms are strong. ________
f)The firms are not aggressive profit maximisers. ________
g)After a merger, firms engage in a process of rationalisation. ________
h)Firms engage in extensive advertising. ________
i)The firms experience managerial diseconomies of scale. ________
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by beccaep on May 25, 2020

ghepp

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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beccaep

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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