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.

View Complete Question

Related Questions in Microeconomics

Q : Demonstrates the Lorenz Curve This

This given figure demonstrates as: (w) Lorenz curve. (x) familial income distribution graph. (y) Gini curve. (z) Blanc income standard curve. </span></p>
</div>

</li>

</td>
</tr><tr>
<td>

<li>
<div class=

Q : Operations of monopolistically

This monopolistically competitive firm as illustrated below produces Q units and its operations are demonstrated: (w) for the market period only. (x) as imposing economic losses of dcbe in the long run. (y) as generating short-run economic profits equ

Q : Difference between increase in demand

Difference between increase in demand and increase in quantity: Whenever demand rises at specific price then it is termed as rise in demand?. On another hand, whenever demand increases by decrease in price of a com

Q : Location Rents in Economics Location

Location rents are: (1) really just normal profits. (2) generated while customers bear lower transportation costs through buying from one firm over another. (3) economic interest on the capital improvements to land. (4) unrelated to population density

Q : Dependency of prices due to transaction

Economists frequently refer to “the price” as while each good has only one price. Conversely, prices frequently vary greatly, depending upon where you are, due to: (w) advertising. (x) transaction costs. (y) marketing overhead. (z) poor co

Q : Burden of tax reduce solely on

The burden of an excise (i.e., per unit) tax would reduce solely upon suppliers of the taxed good within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Q : What is fiscal deficit Fiscal deficit :

Fiscal deficit: When the total government expenses are more than total government receipts exclusive of borrowing it is termed as fiscal deficit. Fiscal deficit = Total Government Expenditure – Tot

Q : Law of equal marginal advantage to

I have a problem in economics on Law of equal marginal advantage to consumer behavior. Please help me in the following question. Pertaining the law of equal marginal benefits to consumer behavior outcomes the principle of: (i) Diminishing the marginal utility. (ii) Ov

Q : Oligopolistic markets in equilibrium

Oligopolistic markets in equilibrium are described by: (w) a large number of sellers of homogeneous output. (x) monopolistic sellers dealing along with only some buyers. (y) a small number of sellers of close substitutes. (z) socially optimal amounts

Q : Financial Asset of Annual Income

Perpetuity is a: (w) life insurance policy which matures upon retirement. (x) nondepreciable piece of capital. (y) financial asset which pays its owner an annual income forever. (z) pyramid scheme as a chain letter.

Discover Q & A

Leading Solution Library

Avail More Than 1430490 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1950827
Asked

3,689

Active Tutors

1430490

Questions
Answered

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

Submit Assignment