Multiple Choice
If organizations that are competing in an industry are __________ and have economies of scale,then their costs are __________ than the costs of potential entrants to this industry.
A) Small;higher
B) Small;lower
C) Large;higher
D) Large;lower
E) Economies of scale have no relationship with costs.
Correct Answer:

Verified
Correct Answer:
Verified
Q79: In a society,when a person violates a
Q80: Organizations that are not currently selling goods
Q81: What is potentially the most threatening force
Q82: Unemployment is an example of a(n)_ force
Q83: What are pressures emanating from the social
Q85: Falling trade barriers pose a serious threat
Q86: The greater the economies of scale of
Q87: Factors that make it costly for an
Q88: One of the four principal forms of
Q89: When workers in a society become wealthy