A _____________ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition ?

Related Mcqs:

What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

A. Bond B. T-bills C. Stock D. Promissory note...

Oligopoly exists when there is/are _______________?

A. Few sellers and few buyers B. Few sellers and many buyers C. Many sellers and few buyers D. One seller and few buyers...

What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days______________?

A. 19.61 % B. 19.44 % C. 19.31 % D. 19.72 %...

A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same ?

A. 1,000 feet B. 1,040 feet C. 1,100 feet D. 1,120 feet...

Salvage value is sometimes known as _____________________?

A. Scrap value B. Going value C. Junk value D. Second-hand value...