--%>
Assignment Help - homework help

Experience decreasing costs industry

If one industry’s development stimulates development in support and complementary industries, it permits firms within the industry to: (i) move up their rising long run average costs curves. (ii) sell their products for higher prices. (iii) focus old technologies on greater specialization. (iv) experience decreasing costs. (v) realize monopoly profit.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Operates a profit-maximizing firm When

    When this profit-maximizing firm as in illustrated graph can’t price discriminate in that case this will operate where is: (1) accounting profit is positive but economic profit is zero. (2) the demand curve facing the firm is th

    		•
  • Q : Price discriminate raises output and

    When a monopolist which does not price discriminate raises its output, the firm’s total revenue: (w) should rise. (x) will rise when demand is elastic. (y) will rise when demand is inelastic. (z) will rise when marginal revenue = 0.

  • Q : Standard of Income Distribution

    According to the requirements standard of income distribution: (w) marginal productivity is easily measured. (x) people’s needs are proportional to their marginal products. (y) income must be distributed in proportion to people’s needs. (z

    		•
  • Q : Purely competitive and monopolistic

    Which one is correct ? A) Both purely competitive and monopolistic firms are "price takers." B) Both purely competitive and monopolistic firms are "price makers." C) A purely competitive firm is a "price taker," while a monopolist is a "price maker." D) A purely compe

    		•
  • Q : Annual total costs of production When

    When Prohibition Corporation maximizes profit into its production of St. Valentine’s Day software, there annual total costs of it will be around: (1) $180 million. (2) $140 million. (3) $100 million. (4) $80 million. (5) $40 mil

    		•
  • Q : Interest Rates and Bond Prices

    Increases in market interest rates are probably to be related with: (w) people’s increasing willingness to save. (x) bursting a speculative bubble into prices for hi-tech stocks. (y) increased pessimism regarding the profitability of economic in

    		•
  • Q : Concept of pure rent in economics Pure

    Pure economic profit is most closely associated to the concept of: (1) exploitation of labor. (2) opportunity cost. (3) pure rent. (4) pure oligopoly. (5) capitalization. I need a good answer on the topic of

  • Q : Problem on Fair labor standards act Can

    Can someone please help me in finding out the accurate answer from the following question. The Fair Labor Standards Act initially: (1) Was performed in the year 1858. (2) Outlawed minimum salaries. (3) Established a low minimum salary in a limited number of divisions

    		•
  • Q : Maximizes profits or minimizes losses

    When it is feasible for total revenue to exceed variable costs, in that case a monopolist which does not price discriminate maximizes profits or minimizes losses from producing the output where marginal revenu

    		•
  • Q : Determinants of demand affect the price

    For a particular product how do the determinants of demand affect the price?

    		•