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External diseconomies of scale are caused by internal management problems when firms get very large.
Q17: The equilibrium price in a competitive equilibrium
Q23: When capital increases, variable costs<br>A)increase at low
Q67: In a competitive market, no single consumer
Q69: Marginal cost increases with output because<br>A)capital becomes
Q80: Because marginal cost increases as output increases,<br>A)marginal
Q89: What is the major characteristic of a
Q104: Economies of scale can exist in both
Q106: All of the following are used by
Q119: In a competitive industry, firm demand is<br>A)downward-sloping.<br>B)vertical.<br>C)nonexistent.<br>D)horizontal.<br>E)unchanging.
Q121: Refer to Exhibit 6-3. If output is