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

Author Question: Suppose the technology of an industry is such that the typical firm's minimum efficient scale is 18 ... (Read 73 times)

ksmithunr

  • Full Member
  • ***
  • Posts: 176
on: Oct 12, 2022
Suppose the technology of an industry is such that the typical firm's minimum efficient scale is 18 units per day at an average long-run cost of $1600 per unit. If the total quantity demanded at a price of $1750 per unit is 16 units per month, the likely result would be
◦ price discrimination.
◦ a natural monopoly.
◦ a cartel.
◦ a competitive industry.
◦ a concentrated oligopoly.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ksmithunr on Oct 12, 2022

hvhf4k+549qz8f218jyo@shar

  • Full Member
  • ***
  • Posts: 174
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 50% of students answer this correctly


ksmithunr

  • Member
  • Posts: 176
Reply 2 on: Oct 12, 2022
:D TYSM

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

The structure of a typical flower. The structure of a typical flower.
Major features of the Solar System (not to scale) Major features of the Solar System (not to scale)
Life-cycle of the Sun; sizes are not drawn to scale. Life-cycle of the Sun; sizes are not drawn to scale.
Typical Reverse Osmosis Filter Setup Typical Reverse Osmosis Filter Setup
Typical Work Settings for Massage Therapists Typical Work Settings for Massage Therapists
How to determine if a quadratic equation has a maximum or minimum when given the roots How to determine if a quadratic equation has a maximum or minimum when given the roots
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library