It's called if a manafacturer achieves lower costs due to the enlarged production capacity of the whole industry.
A: internal economies of scale
B: externaleconomies of scale
C: overlapping demand
A: internal economies of scale
B: externaleconomies of scale
C: overlapping demand
举一反三
- Countries trade with each other because they are _______ and because of ______ A: different, costs B: similar, scale economies C: different, scale economies D: similar, costs
- If production technology displays significant economies of scale, many local locations are the most effective.
- Which of the below is not an advantage of globalisation? A: Demand for Protectionism B: Economies of scale C: Business diversification D: Brand-building
- The “lemons problem” exists because of A: transactions costs B: economies of scale C: asymmetric information D: rational expectations
- A dynamic welfare gain resulting from the formation of the European Union would be: A: Trade diversion B: Trade craetion C: Diseconomies of scale D: Economies of scale