Industries with Large Fixed Cost and Small,constant Marginal Cost Will,over

question 162

Multiple Choice

Industries with large fixed cost and small,constant marginal cost will,over time,

• A) have more and more small firms.
• B) see one firm,or a few large firms,emerge.
• C) see no change in the average size of firms.
• D) see no change in the average number of firms.
• E) see the size of their market decline.