A: transactions costs
B: economies of scale
C: asymmetric information
D: rational expectations
举一反三
- The "lemons problem" exists because of
- 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
- In the long run Firm A incurs total costs of $1,200 when output is 30 units and $1,600 when output is 40 units. Firm A exhibits_________. A: constant returns to scale because average total cost is constant as output rises B: diseconomies of scale because total cost is rising as output rises C: economies of scale because average total cost is falling as output rises D: diseconomies of scale because average total cost is rising as output rises
- 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
- Financial intermediaries can substantially reduce transaction costs per dollar of transactions because their large size allows them to take advantage of _________
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Because of substantial economies of scale, the _____ theory argues that trade can increase the variety of goods available to consumers. A: absolute advantage B: technological gap C: new trade D: factor endowments
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（） clear information concerning the nature of the problem, it will be impossible for the marketing team to formulate a solution. A: Without B: Because of C: Except D: Regarding
- 2
Asymmetric information can lead to widespread collapse of financial intermediaries, referred to as a _________
- 3
Global companies have advantages in economies of scale,, manufacturing, technology development,_
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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