Multiple Choice
External economies of scale often arise because similar firms
A) have excellent internal logistics.
B) locate in the same geographic region.
C) collude to fix prices and increase profits.
D) agree to cooperate to expand global trade.
E) have economies of scale in production.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Patterns of interregional trade are primarily determined
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
Q15: Where there are internal economies of scale,
Q16: Suppose that two countries, A and B,
Q17: Is it possible for an equilibrium that
Q18: Internal economies of scale arise when the
Q19: The primary determinant of patterns of interregional