Multiple Choice
External economies of scale often arise because similar firms
A) locate in the same geographic region.
B) have excellent internal logistics.
C) agree to cooperate to expand global trade.
D) collude to fix prices and increase profits.
E) have economies of scale in production.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: The Internet has made transactions between businesses
Q4: If a firm's output more than doubles
Q5: If output is increased in the long
Q6: If two countries begin trade and both
Q7: The existence of external economies of scale<br>A)cannot
Q9: Patterns of interregional trade are primarily determined
Q10: If output is increased in the long
Q11: The study of factors that influence both
Q12: The learning curve describes the relationship between
Q13: The existence of internal economies of scale<br>A)is