Why do internal economies of scale lead to imperfectly competitive​ industries? A. Patent laws prevent firms from entering the market. B. Large firms have cost advantages over small firms. C. This is an observation based on measurable data. D. There are barriers to entry due to large fixed costs.

Answers

Answer 1

Internal economies of scale lead to imperfectly competitive industries because large firms have cost advantages over small firms, so the correct answer is B.

Economy of scale is the economic advantage that is realized by operating on a larger scale. In general, the average cost per unit of output decreases with increasing scale because fixed costs are spread over more units of output. Operational efficiency is also often greater with increasing scale, which in turn leads to lower variable costs.

When an industry is characterized by economies of scale, it can lead to a monopoly or oligopoly. Only large companies can then produce economically, which means that the barriers to entry for new market players are high.

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Related Questions

I WILL GIVE BRAINLIEST!!!!! THIS IS UP FOR THE MOST AMOUNT OF POINTS POSSIBLE!!!!!!!! ANY FALSE ANSWERS OR LINKS WILL BE REPORTED!!!!! PLEASE HELP ME!!!!!!!!!!
Louise is a marketing administrator at a financial institution. She has spent most of her busy day in meetings. She had a long department team meeting during the first half of the day. After lunch, she had a cross-departmental team meeting, followed by an administrative team meeting.

A. What type of employees were likely present at each of the three meetings? Provide an example of what each meeting might have been about.

B. Louise was assigned as team leader of the cross-departmental team. Since the team involves individuals who are all quite different, what kind of group dynamics should Louise watch out for? What can she do to ensure the team stays productive and motivated?

Answers

Answer:

A. 1. department team

2.  cross-departmental team

3. administrative team

B. Louise needs to pay close attention to the individuals who are all "quite different." Louise must monitor each staff member accordingly to ensure that that team stays productive.

Explanation:

A witness statement is a primary source.
✅True
- False

Answers

Answer: true

Explanation:

Answer:  E  esa mfvk,mvg b fedv bgfmdv gbfrecmbg v

________ capital is the economic or productive potential of employee knowledge and actions.

Answers

Answer:

human capital i think

Explanation:

can you give me example about Perfect cube​

Answers

Answer:

square prisms

Explanation:

it is square prism

Traditional stock split definition

Answers

Answer:A traditional stock split is also known as a forward stock split. ... A company that issues a reverse stock split decreases the number of its outstanding shares and increases the share price. Like a forward stock split, the market value of the company after a reverse stock split would remain the same.

Explanation:

Answer:

A traditional stock split is also known as a forward stock split. ... A company that issues a reverse stock split decreases the number of its outstanding shares and increases the share price. Like a forward stock split, the market value of the company after a reverse stock split would remain the same.

Explanation:

I hope this help! :)

What happens if a monopolist increases the price of a good?

Answers

Answer:

By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.

Explanation:

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Question Mode Multiple Choice Question A marketing channel in which multiple segments are owned by the parent company is known as a(n) ______. Multiple choice question. conventional marketing channel independent marketing channel corporate vertical marketing system unified horizontal marketing system

Answers

Answer:

marketing channel....

one of the advantages associated with television as an advertising medium is that it:

Answers

It has a bigger audience and reaches put to people of all ages

One of the advantages associated with television as an advertising medium is that it has the ability to communicate with the audience through sight, sound, as well as motion all at once.

What is advertising?

One of the most common advertising channels is television. This kind of advertising media offers numerous benefits, including the ability to reach a large audience, a well-appropriate target group, and the ability to advertise often.

In comparison to online advertisement, it first introduces a brand to a far bigger audience. Most other types of promotion are driven by TV advertising. Although audiences may use various gadgets while watching TV, they are still very much interested with the material.

A marketing strategy known as advertising involves purchasing real estate to advertise a commodity or service. The actual marketing efforts are called advertising, or ads for short. Reaching those who are the most likely to be to purchase for a company's activities is the aim of advertising.

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the emergence of ride sharing apps like lyft and uber have created gains from trade by

Answers

The emergence of ride sharing apps like Lyft and Uber have created gains from trade by introducing new sellers into the market for taxi services and decreasing the price of rides.

Gains from trade can be described as the increase in consumer surplus and producer surplus as a result of lower tariffs when consumers and producers are allowed to trade with less restrictions. Gains from trade occurs as a result of lower trade prices.

Ride sharing apps are apps that allow people to order for rides from their phones using an app. Examples are uber and lyft.

Ride sharing apps has increased the amount of ride options available to users. This has lead to lower prices as ride sharing apps have lowered prices to attract customers.

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how did the geographic location of harappa affect trade?

Answers

Answer:

The city was convenient for trading opportunities.

Explanation:

What is a mutual fund

Answers

Answer: A mutal fund is a professionally managed investment fund that pools money from many investors to purchase securities. the term is typically used in the United States, Canada, and India while simular structures across the globe include the SICAV in Europe and open-ended investment company in the UK.

Explanation:

Mutual eow eieité gòïèß błack

Which interest rate will earn the largest return on $1,000?

A. Simple interest at 5 percent

B. Simple interest at 3 percent

C. Compound interest at 3 percent

D. Compound interest at 5 percent

Answers

Answer: A

Explanation:

Do you guys know any specific issues that affect businesses?? If so please name any!!! It’s urgent :)

Answers

political - For example, new legislation

economic - For example, inflation and unemployment

social - Changes in taste and fashion or the increase in spending power of one group, for example, older people

technological - For example, being able to sell goods online or using automation in factories

environmental - For example weather conditions affecting sales or production and growing interest in being ‘green’ , for example by recycling

competitive - The impact of a rival firm which may have a similar product or which may lower its prices.

BBC Bite Size.

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what is the primary source of fuel in south america

Answers

The primary source of fuel in South America is petroleum.

models of competitive markets are helpful in understanding real-world markets. to help you to better understand competitive markets, it is important to understand economic efficiency. sort the descriptions below into whether they are characteristics of productive or allocative efficiency.

Answers

Productive efficiency focuses on the cost of production while allocative efficiency focuses on the distribution of the products.

In economics, the efficiency or productivity of a business is classified into two types:

Productive efficiency.Allocative efficiency.

These two types of efficiency focus on different aspects of production and selling goods and services.

Productive efficiency: This type implies producing goods at the lowest cost possible. This means:

Avoiding unnecessary costs.Controlling costs when the number of units increases.

Allocative efficiency: This type implies selling or allocating the products in society. This means:

Considering the maximum amount the customer can pay for a product (marginal benefit).Making the cost of production equal to the marginal benefit.

Note: This question is incomplete because the statements that need to be classified are not provided; due to this, I answered the question based on general knowledge.

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what is a company market share​

Answers

A company's market share is its sales measured as a percentage of an industry's total revenues. You can determine a company's market share by dividing its total sales or revenues by the industry's total sales over a fiscal period. Use this measure to get a general idea of the size of a company relative to the industry.

I hope this helps! Good luck.

Which of the following is a characteristic of a service?
A. Can be stored
B. Can be repeated in exactly the same way
C. Mass produced
D. Intangible

Answers

Answer:

D.Intangible

Explanation:

Because three characteristics of service are: intangibility, inseparability, variability

The correct answer is D. Intangible.  is a characteristic of a service

What are services

Services are intangible in nature. This means that they do not have a physical presence and cannot be touched or held like physical goods. This is one of the key characteristics that differentiates a service from a product.

Options A, B, and C are typically characteristics of goods, not services:

A. Services cannot be stored for later use like physical goods.

B. Due to the human aspect involved in delivering services, they may not be repeated in exactly the same way each time.

C. Services are generally customized to the individual customer and are not mass-produced in the same sense as physical goods.

Option D is therefore a service characteristic.

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what is the source of income for the four sectors of the economy

Answers

Answer:

Consumer, Investment, Government, and Foreign.

Explanation:

Consumer:

Personal disposable income

Investment:

Retained earnings

Government:

Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.

Foreign:

No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.

Hope this helps! Have a great day my loves<3      

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3. How do the ultra rich use charitable giving to make sure they pay less taxes?

Answers

Because when you donate to a charity it will not be taxed so you can put your money somewhere without it being taxed with it going somewhere good

competitive price-taker markets and purely competitive markets are:

Answers

Answer:

While a competitive market determines the equilibrium point by staying in tune with the supply and demand curves, a perfectly competitive market does not have that luxury. A perfectly competitive market must accept the price point and must only decide how much to sell.

Explanation:

future changes in automobile technology are likely to include

Answers

Answer:    Flying cars??

Explanation: Im 99.9% sure it will happen.

What else can a digital wallet be used for?

Answers

Answer:

Explanation:

Digital wallets can be used in conjunction with mobile payment systems, which allow customers to pay for purchases with their smartphones. A digital wallet can also be used to store loyalty card information and digital coupons.

features of government​

Answers

Answer:

Key features of the democratic governments are:

People choose their own representatives to the parliament.

Free and fair elections are held at regular intervals.

Judiciary is independent of the control of executive and legislature.

There is an increased participation of people in political processes.

Explanation:

that the answer hope it helping

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What is a bank is it a capital liability or asset

Answers

Answer:

I think that it's asset, but I'm not 100% sure on that one! sorry!!

How does your credit score impact the personal loan options you have
available?

(Put the correct answer )

Answers

Answer:

bad credit score would negatively affect your loan options because the bank won't see you as someone who can pay it back on time

The production function gets flatter, while the total cost curve gets steeper due to the fact that Group of answer choices at lower levels of production firms require more inputs to increase production by the same amount as compared to higher levels of production. at higher levels of production firms require more inputs to increase production by the same amount as compared to lower levels of production. at higher levels of production firms require less inputs to increase production by the same amount as compared to lower levels of production.

Answers

The production function gets flatter, while the total cost curve gets steeper due to the fact that C. at higher levels of production firms require less inputs to increase production by the same amount as compared to lower levels of production.

The production function shows the relationship that exists between the inputs and the outputs during the production of a product.

It should be noted that diminishing marginal product is vital for explaining why the increase in the output of a firm results in the production function getting flatter. Also, the total curve becomes steeper.

Therefore, at higher levels of production, firms require fewer inputs to increase production by the same amount.

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When determining asset allocation and diversification, you should mostly
consider
A. rate of return
B. portfolio size
C. real estate holdings
D. similar investments

Answers

Answer:reet of return

Explanation:

which of the following are NOT needed to calculate cost of goods sold
a. purchases and wages
b. purchases and salaries
c. wages and closing stock
d. wages and salaries​

Answers

Option c is correct.

When both the offeror and the offeree agree to all terms and conditions of the contract, this is known as
A. mutual assent
B. acceptance
C. counteroffer
D. offer​

Answers

Answer:

mutual assent

Explanation:

The entity’s manufacturing division, whose assets constituted 75% of its total assets at September 30, Year 5 (end of year), was sold on November 1, Year 5. The new owner assumed the bonded indebtedness associated with this property. How should this event be presented in the financial statements?

Answers

The event should be presented in the financial statements as follows:

1. The assets side of the balance sheet will be reduced by 75%, with its accompanying accumulated depreciation.

2. The bonded liability on the balance sheet is eliminated by the relevant amount.

3. The journal entry should debit the Bonded Liability and accumulated depreciation, while the assets worth 75% are credited.

4. If the bonded indebtedness is more than 75% of the assets, the company records a profit on disposal on the income statement. Otherwise, it records a loss. If they are equal, there is no profit or loss.

Thus, the difference between the debit and credit entries constitutes either profit or loss on disposal.

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