Economies of scale can
A) result in an increasing cost industry.
B) cause firm exits out of the industry.
C) prevent the entry of new firms into a market.
D) reduce the rate of return which the firm may earn.
Answer: C
Economics
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When the exchange rate appreciates in the short run and then depreciates to its original level in the long run, it implies that the foreign money supply has:
a. temporarily risen. b. permanently risen. c. temporarily fallen. d. permanently fallen.
Economics
From the figure below, please provide an explanation for the large decline in the growth rate of international reserves held by developing countries in the 2008-2009 period
What will be an ideal response?
Economics