Economies of positive scale with natural barriers to entry

When economies of scale are full time positive in an industry, in that case the industry will: (1) evolve into a natural monopoly. (2) become inefficient before it gets very huge. (3) be unregulated by government. (4) be not capable to compete along with smaller firms. (5) be assured of making an economic profit in the long run.

Hey friends please give your opinion for the problem of Economics that is given above.

View Complete Question

Related Questions in Microeconomics

Q : Maximized output level and zero

When all production costs for a monopoly are fixed [MC =0], in that case economic profit: (i) falls when price is raised in the inelastic range of a demand curve. (ii) rises when price is cut in the inelastic range of

Q : Consequences of rise in union wages Can

Can someone help me in finding out the right answer from the given options. The possible consequences of a rise in union wages comprise reduced: (1) Union employment and a refusal in non-union wages. (2) Shares of national income to the labor however growth of union e

Q : Comparative statics and consumer demand

Explain the methodological procedure called comparative statics. What does this procedure imply regarding the nature of the consumer demand curve?

Q : Words of Henry George about Economic

Henry George believed that: (1) landowners deserve the economic rent that their land holdings provide. (2) a single tax on land equal to the unearned surplus would pay for all needed government. (3) economic inefficiency would result from a tax on the

Q : Monopsonistic firms-Pay lower wages I

I have a problem in economics on Monopsonistic firms-Pay lower wages. Please help me in the following question. Relative to the firms hiring in a competitive labor market, the monopsonistic firms tend to: (1) Hire more workers. (2) Hire labor up to a

Q : Evidence of Diminishing Marginal Utility

Can someone help me in finding out the right answer from the given options. The law of diminishing marginal utility might be evidenced by the person: (i) Smoking more however enjoying each and every extra cigarette less. (ii) Buying a latest car after

Q : Collective bargaining agreement Provide

Provide the solution of this question. A COLA is a clause in a collective bargaining agreement that: 1) specifies that one or more soft drink machines be available in each plant. 2) requires nonunion workers nevertheless to pay union dues. 3) automatically adjusts vac

Discover Q & A

Leading Solution Library

Avail More Than 1441635 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1948911
Asked

3,689

Active Tutors

1441635

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment