Multiple Choice
The Internet has made transactions between businesses (B2B trading) fast and easy.Any business in any location can access specialized knowledge,labor,and materials.It is likely that these virtual economic communities will result in
A) internal economies of scale.
B) government intervention and regulation.
C) suppression of innovations and collusive behavior,driving up prices.
D) external economies of scale.
E) consolidation of industries into a small number of powerful firms.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The share of _ _ goods in
Q2: The primary determinant of patterns of interregional
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
Q8: External economies of scale often arise because
Q9: Patterns of interregional trade are primarily determined
Q10: If output is increased in the long
Q11: The study of factors that influence both