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Industries with Large Fixed Cost and Small,constant Marginal Cost Will,over

Question 162

Multiple Choice

Industries with large fixed cost and small,constant marginal cost will,over time,


A) have more and more small firms.
B) see one firm,or a few large firms,emerge.
C) see no change in the average size of firms.
D) see no change in the average number of firms.
E) see the size of their market decline.

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