Multiple Choice
Patterns of interregional trade are primarily determined by ________ rather than ________ because factors of production are generally ________.
A) external economies; population; immobile
B) external economies; natural resources; mobile
C) internal economies; population; immobile
D) population; external economies; immobile
E) internal economies; external economies; mobile
Correct Answer:
Verified
Correct Answer:
Verified
Q4: A learning curve relates _ to _
Q5: The existence of internal economies of scale<br>A)
Q6: The Internet has made transactions between businesses
Q7: External economies of scale will _ average
Q8: One advantage of the specialization that results
Q10: Why is it that if an industry
Q11: Explain why positive economies of scale in
Q12: If a firm's output less than doubles
Q13: If a scale economy is the dominant
Q14: External economies of scale often arise because