--%>
Assignment Help - homework help

Expansion of increasing cost industries

Expansion of the industry in increasing cost industries causes: (w) increases in each firm’s costs at every level of output. (x) decreases in each firm’s costs at every level of output. (y) all firms to suffer long-run economic losses. (z) established firms to realize long-run monopoly profits.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Microeconomics

  • Q : Economies of scale exist in range of

    Natural monopoly refers to a market or industry in that: (w) economies of scale exist across much of the complete range of market demand. (x) superior management enables a firm to remove its competitors. (y) a firm produces a good protected through pa

    		•
  • Q : Law of comparative benefits Can someone

    Can someone please help me in determining the right answer from the following question. The law of comparative benefit exhibits: (a) Why trade with a country in which salaries are low is not fair. (b) How countries try to use each other via trade. (c)

    		•
  • Q : Problem based on production

    Refer to the given production possibilities curve and give  answer of following question . At the onset of the Second World War the Soviet Union was already at full employment. Its economic adjustment from peacetime to wartime can best be described by the movemen

    		•
  • Q : Features of monopolistic competition

    Why Features of monopolistic competition is monopolist in nature? Answer: (a) Control over price (b) Downward sloping demand curve

    		•
  • Q : Interdependent decision of oligopolies

    Interdependent decision making through firms is most common within: (w) purely competitive industries. (x) monopolized industries. (y) oligopolies. (z) monopolistic competition. Please choose the right answer from

    		•
  • Q : Problem on Agency Shop I have a problem

    I have a problem in economics on Problem on Agency Shop. Please help me in the following question. The Nonunion members can’t ‘free-ride’ in the states with Right-to-Work laws when a company agrees to operate a or an: (i) Closed shop

    		•
  • Q : Kinked Demand by decreasing price In

    In this kinked demand curve model as in given graph, when this firm operated at point a and lowered its price by P2 to P1 and other firms in the industry also lower prices, in that case this firm will move from point a to: (w) po

    		•
  • Q : Automation and Wage Rates I have a

    I have a problem in economics on Automation and Wage Rates. Please help me in the given question. When physical capital becomes cheaper: (i) Some of the workers might be displaced however worker productivity as a rule rises.  (ii) Automation will

    		•
  • Q : Economies of Scale Economies of Scale:

    Economies of Scale: ‘Economies’ means benefits. The scale refers to the size of unit. ‘Economies of Scale’ refers to the cost benefits due to

    		•
  • Q : Problems regarding Attributes of Goods

    I have a problem in economics on Problems regarding Attributes of Goods. Please help me in the following question. The intrinsic characteristics which make or detract from the satisfaction derived from consuming a good are termed as: (1) Attributes. (2) Factors. (3) U

    		•