Multiple Choice
When economies of scale are large,firms can reduce their average total cost by:
A) selling off their subsidiaries.
B) merging into even larger firms.
C) eliminating the bureaucratic costs.
D) hiring professional managers.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: The concentration and Herfindahl indices computed by
Q41: A student figured out that the HHI
Q42: Which of the following integration types aims
Q43: The Dansby-Willig index measures the potential for
Q44: The concentration and HHI reported in the
Q46: It is sometimes said that a manager
Q47: The widget industry is comprised of six
Q48: C<sub>4</sub> and HHI tend to _ the
Q49: An industry consists of four firms with
Q50: Star Computer and a small telecommunications company