--%>
Assignment Help - homework help

Decreasing cost industries

When average production cost for Plastibristle Inc. falls like market demand increases and more firms go into the industry, Plastibristle is within:  (1) an economically efficient industry. (2) a purely competitive industry. (3) an industry experiencing economies of scale. (4) a divided cost industry. (5) a decreasing cost industry.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Demand curve for physical economic

    The demand curve for physical economic capital based most directly onto the: (w) extent of previous automation. (x) willingness of savers to create investment funds available. (y) marginal productivity of capital and the price of its output. (z) suppl

    		•
  • Q : Define Producers equilibrium Producers

    Producers equilibrium signifies the stage beneath which with the help of given factors of production producer attain the level of production of which he is acquiring maximum gain.

    		•
  • Q : Securing financing by selling stock Can

    Can someone please help me in finding out the precise answer from the following question. One of the reasons that some new corporations secure much financing by selling the stock is that: (1) Financial investors form higher rates of return from the bond interest than

    		•
  • Q : Social welfare function what do you

    what do you mean by a social welfare function? if you assume that such a function exists, what properties of social optima would be considered by you? discuss such properties.

    		•
  • Q : Explaination of balance of payment

    explaination of balance of payment identity

    		•
  • Q : Marginal revenue by price elastic

    When a monopolist's demand is price elastic, in that case marginal revenue is: (w) positive. (x) negative. (y) zero. (z) independent of price elasticity. I need a good answer on the topic of Economics

  • Q : Concept of Joseph A. Schumpeter about

    The concept that innovation is a main source of economic profit is central to the concepts of: (1) Joseph A. Schumpeter. (2) Karl Marx. (3) Frank Knight. (4) Horatio Alger. (5) John Bates Clark. Ca

    		•
  • Q : Advantages of regional integration Give

    Give the basic advantages of regional integration?

    		•
  • Q : Government programs influencing

    Government programs assuring farmers minimum legal price floors which surpass equilibrium market prices will outcome: (1) Cheaper food for consumers. (2) Scarcities of food and the potential for famine. (3) Surplus demand in food markets. (4) Maximum equilibrium price

    		•
  • Q : Labor Unions and Union membership I

    I have a problem in economics on Labor Unions-Union membership. Please help me in the following question. The union membership is most widespread among: (1) White collar workers. (2) Managers and Supervisors. (3) Blue collar workers. (4) Young, upward

    		•