A Feature of Imperfect Competition Is _________, Which Means

question 119

Multiple Choice

A feature of imperfect competition is _________, which means
That as the firm expands its production, average costs of
Production fall.Therefore, the firm can _______ its costs of
Production by selling internationally.

• A)economies of scale; decrease
• B)economies of scale; increase
• C)increasing returns to scale; decrease
• D)specialization; increase

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Definitions:

Elevated Heart Rate

An increased rate of heartbeat above the normal resting rate.

Excessive Urination

The condition of urinating more frequently than usual, which could be indicative of various health issues.

Electrocardiogram

A test that records the electrical activity of the heart over a period of time using electrodes placed on the skin. It's used to detect heart conditions.

Electrical Activity

The movement of electrons or charged ions that creates electrical signals, as seen in the nervous system and heart.