A case when internal economies of scale bring about a continuously falling average cost curve that makes having more than one firm in an industry inefficient is illustrative of ?

Related Mcqs:

Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?

A. G-7 countries B. countries with highest productivity growth in the world since 1960 C. countries with decreasing TFP growth since 1990s D. countries with the lowest information technology equipment and software index prices...

he efficiency wage is the ?

A. wage costs per unit of output B. wage rate that prevails in LDCs C. Wage rate divided by the productivity of labor D. marginal product of labor divided by wage...

Suppose a project results in a net stream of $200 per year for 4 years, but nothing thereafter, Assume that the discount rate is 5 percent. The discounted value of the total income stream over the 4-year period is ?

A. 800 B. 40,000 C. more than zero but less than 800 D. less than zero...

Market price adjusted to consider differences between social cost-benefit and private cost-benefit calculations are ?

A. price distortions B. consumer surplus C. shadow prices D. exchange rates...

In the 1980s economists studying the source of growth observed no positive relationship between information and communications technology (ICT) investments and productivity This is known as ?

A. Solow residual B. productivity paradox C. technological followership D. Stieglitz discrepancies...