Industries, Where Economies of Scale Dictate That Only a Few

question 28

Multiple Choice

Industries, where economies of scale dictate that only a few firms produce, will be efficient if the markets in which they sell are

• A)perfect.
• B)contestable.
• C)close to each other.
• D)protected from entry.

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Definitions:

Multiplied

Increased or expanded in quantity or number through the process of multiplication.

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Testosterone

Essential for the development and maintenance of male sex characteristics, it also affects lifestyle factors such as energy levels and mood.