Question
1.) Economies of scale can lead to an oligopolistic market structure because Group of answer choices a few firms can force rivals to produce at
1.) Economies of scale can lead to an oligopolistic market structure because
Group of answer choices
a few firms can force rivals to produce at low levels of output.
if larger firms have lower costs, new small entrants will not be able to produce at the low costs achieved by the big established firms.
if economies of scale are insignificant, only a few firms are able to produce at the low costs achieved by the big established firms.
a few firms can use high profits to keep out new entrants.
2.) Firms tht f downwrd-sloing dmnd urvs for thir outut in th rodut mrkt r lld
Group of answer choices
monoolists.
ri mkrs.
ri tkrs.
ri dittors.
3.) Firms tht f downwrd-sloing dmnd urvs for thir outut in th rodut mrkt r lld
Group of answer choices
monoolists.
ri mkrs.
ri tkrs.
ri dittors.
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