Multiple Choice
A feature of imperfect competition is _________, which means
That as the firm expands its production, average costs of
Production fall.Therefore, the firm can _______ its costs of
Production by selling internationally.
A) economies of scale; decrease
B) economies of scale; increase
C) increasing returns to scale; decrease
D) specialization; increase
Correct Answer:

Verified
Correct Answer:
Verified
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