If a firm increases its output in the and unit costs ,then the firm is experiencing of scale.
A) long run; increase; diseconomies
B) long run; increase; economies
C) short run; decrease; diseconomies
D) short run; decrease; economies
E) long run; decrease; diseconomies
Correct Answer:
Verified
Q2: A monopoly firm will maximize profits by
Q3: Intra- industry trade is most common in
Q4: Monopolistic competition is associated with
A)explicit consideration at
Q5: If the market for products produced by
Q6: A monopoly firm engaged in international trade
Q7: Firms that produce products must be competitive.
A)standardized;
Q8: A monopolistic firm
A)will always earn a profit
Q9: Under oligopoly,firms' pricing policies are and,under monopolistic
Q10: Under the model of monopolistic competition,a(an)_ in
Q11: If a firm increases its output in
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