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.Management Sciences
A. Buyer power is higher
B. Supplier power is higher
C. Substitute threat is higher
D. Rivalry is lower
Related Mcqs:
- The long-run market supply curve ?
- A. is always more elastic than the short-run market supply curve. B. is always perfectly elastic C. has the same elasticity as the short run market supply curve D. is always less elastic than the short-run market supply curve...
- If a firm is not operating at the output necessary to achieve all scale economies, it has not achieved its ?
- A. Efficient scale B. Average efficient scale C. Maximum efficient scale D. Minimum efficient scale...
- The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve ?
- A. At their lowest points B. When they are declining C. When they are increasing D. When marginal revenue is zero...
- The competitive firm maximize profit when it produces output up to the point where ?
- A. price equals average variable cost B. marginal revenue equals average revenue C. marginal cost equals total revenue D. marginal cost equals marginal revenue...
- If a long run average cost curve is falling form left to right this is an example of ?
- A. increasing returns to scale B. decreasing returns to scale C. constant returns to scale D. the minimum efficient scale...
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