Suppose the Market for Personal Computers in Country a Is

question 47

Multiple Choice

Suppose the market for personal computers in country A is monopolistically competitive. Country A exports as well as imports personal computers from the rest of the world. After full adjustment to the opening of trade, a firm in this industry which enjoys scale economies will:

• A)receive a higher price for its product.
• B)receive a lower price for its product.
• C)enjoy a greater market share.
• D)ultimately go out of business.

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