When firms grow larger,they sometimes acquire more market power,meaning that they have greater ability to negotiate lower prices with their suppliers.This ability to negotiate lower prices with their suppliers leads to
A) diseconomies of scale.
B) diminishing marginal returns.
C) economies of scale.
D) constant returns to scale.
E) increasing marginal returns.
Correct Answer:
Verified
Q123: Use the following graph to answer the
Q124: Use the following graph to answer the
Q125: Use the following graph to answer the
Q126: Which is the best example of diseconomies
Q127: When a firm grows larger,many additional layers
Q129: A firm is considering changing its plant
Q130: Use the following graph to answer the
Q131: Samantha owns a gas station.If she moves
Q132: Rebecca owns a fitness gym.If she increases
Q133: If a firm's long-run average total costs
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents