Mathematics
Mathematics, 22.06.2019 02:40, liyahheadhigh

Benefit(s) from large economies of scale, in which the costs of goods decrease as output increases. natural monopolles perfect competition

answer
Answers: 1
Get

Other questions on the subject: Mathematics

image
Business, 02.07.2019 01:00, maggie2018
Benefit(s) from large economies of scale, in which the costs of goods decrease as output increases. natural monopolies perfect competition
Answers: 1
image
Social Studies, 03.07.2019 08:00, nana55959
What might be a benefit of natural monopolies, or economies of scale? a) natural monopolies might offer a cost advantage due to the size of the firm. b) natural monopolies might offer a variety of alternatives for goods and services. c) natural monopolies might offer convenient locations for payment of goods and services. d) natural monopolies might offer consumers the latest products due to research and development. which determinant might increase supply in the market? a) an increase in the price of complementary goods b) an increase in the number of sellers of a product c) an increase in the number of consumers in the market sara wants to start her own business. she is not sure if she wants to be a sole proprietor or get a partner. she asks a financial adviser about the different ways in which she might finance her company. what would an adviser tell her is a disadvantage of getting a partner? a) she is responsible for paying all shareholders. b) she has to share all of the profits with the partner. c) she has to go through a government application process. d) she is responsible for all of the debts the business incurs. for which market model is there a very large number of firms (offering the same goods for sale), which to lower costs and prices? a) monopoly b) oligopoly c) perfect competition d) monopolistic competition
Answers: 1
image
Business, 13.07.2019 09:30, mir1425
How is efficiency related to the number of firms in an industry characterized by strong economies of scale? a. efficiency is unrelated to the number of firms in an industry and therefore unrelated to economies of scale. b. because firms face less competition when the number of firms declines in an industry, efficiency tends to decrease as the number of firms decreases. this is true particularly in industries with strong economies of scale. so fewer firms will lead to greater inefficiency in a market with strong economies of scale. c. in industries with strong economies of scale, efficiency tends to increase as the number of firms increases because firms face more competitors. as firms compete, they will increase output, lowering costs per unit. d. in industries with strong economies of scale, efficiency tends to increase as the number of firms decreases. as each firm increases its output, its costs per unit fall. this means that fewer firms each producing higher output leads to greater efficiency than more firms each producing lower output. microeconomics?
Answers: 1
image
Business, 18.10.2019 13:20, ruslffdr
For a perfectly competitive market to function properly, which of the following must buyers and sellers have access to? adequate information economies of scale uncompetitive products sufficient technology 4. which of these industries has not been considered a natural monopoly in the past 30 years? diamonds water phone service electricity 5. what is an oligopoly? a market that has a few firms dominating the market a market that has many firms selling slightly different products a market that has one seller and many buyers a market that has many buyers and sellers 6. for the average total cost curve of a firm without economies of scale, what happens to costs as output increases? costs initially go up and then go down. costs initially go down and then go up. costs go down. costs go up. 7. what is the combination of two or more companies into a single firm called? a trust a merger predatory pricing deregulation 8. offering products of different tastes and shapes is an example of which of the following? nonprice competition perfect competition oligopolistic competition the law of demand 9. the controller of a monopoly sets the price of goods by charging the price at which the profit is maximized only a small amount over cost less than the company would charge if it did not have a monopoly as much as possible, regardless of the amount sold 10. many critics argue that government efforts to regulate industries have caused which of the following? predatory pricing inefficiencies insufficient supply collusion 11. what is an agreement among firms to charge one price for the same good called? nonprice competition price fixing a price war monopolistic competition 12. which of the following is not a method that the government uses to intervene and prevent firms from controlling the price and supply of important goods? breaking up monopolies deregulating industries regulating business practices blocking mergers 13. what are the three practices of oligopolies that concern the government the most? price fixing, collusion, and cartels price leadership, collusion, and cartels differentiation, price leadership, and price fixing collusion, price leadership, and price fixing 14. what are the expenses a firm must pay before it can begin to produce and sell goods called? start-up costs perfect competition commodities imperfect competition 15. compared to a market with perfect competition, a monopoly often has higher prices and more goods lower prices and more goods lower prices and fewer goods higher prices and fewer goods 16. which of the following could not prevent a market from becoming perfectly competitive? high start-up costs excessive information problems accessing necessary technology lack of technological know-how 17. which of the following is characteristic of a competitive market? low output high costs inexhaustible supply efficiency 18. economists usually call an industry an oligopoly if only one product is available on the market the four largest firms produce at least 70–80 percent of the output there is one firm that produces 100 percent of the output the ten largest firms produce less than 50 percent of the output 19. for the average total cost curve of a firm with economies of scale, what happens to costs as output increases? costs initially go down and then go up. costs go up. costs go down. costs initially go up and then go down. 20. what is one of the effects that the internet has had on business? it has decreased the kinds of goods that are available to individual buyers. it has reduced start-up costs for many businesses. it has led to new monopolies in many industries. it has increased the prices of goods that are not bought on the internet.
Answers: 2
Do you know the correct answer?
Benefit(s) from large economies of scale, in which the costs of goods decrease as output increases....

Questions in other subjects:

Total solved problems on the site: 13552940