Multiple Choice
Which of the following would not occur if all large firms in the economy were broken into smaller firms?
A) Decreased manufacturing efficiency in some industries
B) Increased competition in all industries
C) Decreased investment in research and development in some industries
D) Increased prices for some manufactured goods
Correct Answer:

Verified
Correct Answer:
Verified
Q59: "Economies of scope" occur when<br>A)fixed costs are
Q60: Economies of scope are savings acquired by<br>A)producing
Q61: When it is cheaper for one firm
Q62: Cross-subsidization implies that a loss from one
Q63: If an industry consists of five firms
Q65: From 1992 to 2012, many industries have
Q66: One economically valid approach to regulation is
Q67: Critics of price regulation suggest that some
Q68: Regulators often raise prices instead of lowering
Q69: "Cream skimming" usually results in<br>A)cross-subsidization of markets.<br>B)subsidies