Economies of scale create __________ for existing firms, which in turn creates __________ for potential entrants
a. b and e
b. problems; opportunities
c. savings; costs
d. losses; profits
e. advantages; disadvantages
E
Economics
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In the game in Scenario 13.17, Incumbent Monopoly has
A) an incentive to threaten accommodation, which would be credible. B) an incentive to threaten war, which would be credible. C) an incentive to threaten accommodation, which wouldn't be credible. D) an incentive to threaten war, which wouldn't be credible. E) no incentive to make a threat.
Economics
What is the supply-side cause of instability according to the mainstream view?
What will be an ideal response?
Economics