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
Q2: What is meant by "a cluster of
Q3: One advantage of the specialization that results
Q4: If a firm's output more than doubles
Q5: External economies of scale will _ average
Q6: If a scale economy is the dominant
Q7: External economies of scale arise when the
Q8: Internal economies of scale arise when the
Q9: The existence of external economies of scale
A)
Q10: If some industries exhibit internal increasing returns
Q11: Why is it that if an industry
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