--%>
Assignment Help - homework help

Experience decreasing costs industry

If one industry’s development stimulates development in support and complementary industries, it permits firms within the industry to: (i) move up their rising long run average costs curves. (ii) sell their products for higher prices. (iii) focus old technologies on greater specialization. (iv) experience decreasing costs. (v) realize monopoly profit.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Price equality to marginal costs A

    A nondiscriminating monopolist's equilibrium output is inconsistent along with: (w) marginal revenue equals marginal cost [MR = MC]. (x) price equal to marginal costs [P = MC]. (y) price exceeding average variable costs [P > AVC]. (z) price exceedi

    		•
  • Q : Occurrence of natural barriers to entry

    Natural barriers to entry within a market arise primarily by: (w) strategies by existing firms to discourage the entry of new firms. (x) perfectly inelastic demands for products. (y) the declining cost structure inherent in producing specific goods. (

    		•
  • Q : Conscious interdependence of oligopoly

    Firms that should contemplate the potential reactions of rival firms while adjusting their pricing and output to maximize long run profit are operating within an industry which is: (1) perfectly competitive. (2) purely competitive. (3) monopolisticall

    		•
  • Q : Average total costs above the demand

    A profit-maximizing monopolist will necessarily incur economic losses when, at every feasible level of output as: (w) average fixed costs [AFC] are very high. (x) average total costs [ATC] lies above the demand curve. (y) average tota

    		•
  • Q : Problem on greatest consumer surplus

    Which of the following below goods produces the greatest consumer surplus? (1) Free downloading to pirate your favorite songs. (2) Diamonds. (3) Water. (4) College textbooks. (5) Slices of the pizza. Choose the right answer from th

    		•
  • Q : Income rate variation in Loren curve

    When you were unconcerned about the welfare of other people and your income rated you onto the top two percent of the population, then you would be happiest while the Lorenz curve for your country resembled as: (1) li

    		•
  • Q : Problem on market demand for toys

    Booming toy sales throughout December usually reflect rises in: (1) The quantity of toys demanded.  (2) Market demand for toys. (3) Production costs. (4) Infantile consumerism. Can someone please help me in finding out the acc

    		•
  • Q : Labor Unions and Aggregate salary Income

    The least probable outcome when unions succeed in increasing their member’s salaries is that: (1) Wages in non-union sectors will drop. (2) Employment will produce in non-union sectors. (3) Barriers will be building up to limit the entry to unions. (4) Labor's s

    		•
  • Q : Problem on Asymmetric Information I

    I have a problem in economics on Problem on Asymmetric Information. Please help me in the following question. Moral hazard and adverse selection are most important in: (1) The United States. (2) Perfectly competitive markets. (3) Internet markets. (4) Markets dominate

    		•
  • Q : Expectations in market demands for

    Present market demands for most of the durable goods tend to rise if: (1) Their prices are predicted to rise in the near future. (2) Consumers expect growth in supplies of substitutes. (3) Technological advances make present models obsolete. (4) The p

    		•