Multiple Choice
External economies of scale often arise because similar firms
A) locate in the same geographic region.
B) collude to fix prices and increase profits.
C) have excellent internal logistics.
D) agree to cooperate to expand global trade.
E) have economies of scale in production.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: If some industries exhibit internal increasing returns
Q5: Internal economies of scale arise when the
Q6: If output is increased in the long-run,average
Q8: The share of _ goods in employment
Q10: The existence of internal economies of scale<br>A)
Q11: In the presence of external economies of
Q13: If a scale economy is the dominant
Q16: Suppose that two countries, A and B,
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Q32: If two countries begin trade and both