Solved

Economies of Scale Can Be a Barrier to Entry Because

Question 82

Multiple Choice

Economies of scale can be a barrier to entry because


A) if a firm gets too big, its average total costs start to rise
B) firms face competition from other industries producing similar products
C) they predominantly exist in perfectly competitive industries
D) small, entering firms typically have higher average total costs than the large, existing firms

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents