Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 25, 2024

The reason why the most efficient firms in a Melitz industry make greater profits under free trade is due to the fact that they A.

The reason why the most efficient firms in a Melitz industry make greater profits under free trade is due to the fact that they

A.Operate under increasing marginal costs.

B.Operate under FDI.

C.Operate under low transport costs.

D.Operate under increasing returns to scale.

Explain your answer and using a diagram

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law

Authors: Henry Cheeseman

8th Edition

0133130649, 9780133130645

More Books

Students also viewed these Economics questions

Question

★★★★★

Go to the St. Louis Federal Reserve FRED database, and find data on federal debt held by the Federal Reserve (FDHBFRBN), by private investors (FDHBPIN), and by international and foreign investors...

Answered: 1 week ago

Question

★★★★★

The December 31, 2020, equity section of ZoomZoom Inc.s balance sheet appears below. ZoomZoom Inc. Equity Section of the Balance Sheet December 31, 2020 Contributed capital: Preferred shares, $3.75...

Answered: 1 week ago

Question

★★★★★

Let A and B be two events in a sample space such that P(A) = 1 and P(B) = 1. Use the results of Exercise 5 to show that P(A B) = 1, P(AB) = 1, P(AB) = 0.

Answered: 1 week ago

Question

★★★★★

The following information is available for Rosetta Company for 2010: Instructions 1. Prepare the 2010 statement of cost of goods manufactured. 2. Prepare the 2010 incomestatement. Inventories January...

Answered: 1 week ago

Question

★★★★★

Question Answer the following multiple choice questions. Only write down the question number and the correct answer. E . g . 2 . 1 ( c ) 2 . 1 Identify some of the security threats we experience...

Answered: 1 week ago

Question

★★★★★

You are given the following simulation diagram, e(t) S a a2 + DET S S a3 y(t) a) Find the transfer function H(s) = y(s)/e(s). b) For a = 0.2, a2 = 1.0 and a3 = 3.0, plot the Bode diagram (that is...

Answered: 1 week ago

Question

★★★★★

54. The following are production and cost data for two products, A and B, produced in batches of 100 units. Contribution margin per batch Machine set-ups needed per batch Product A $450 Product B...

Answered: 1 week ago

Question

★★★★★

Manager T. C. Downs of Plum Engines, a producer of lawn mowers and leaf blowers, must develop an aggregate plan given the forecast for engine demand shown in the table. The department has a normal...

Answered: 1 week ago

Question

★★★★★

Question 1 (2 points) According to McGregor's X-Y theory, which of the following is a characteristic of Theory Y managers? O 1) They believe that most workers avoid responsibility. O 2) They believe...

Answered: 1 week ago

Question

★★★★★

Systems Analyst role is difficult and challenging. In addition, you likely have a greater appreciation for the significant contributions these professionals make to the results of the organization...

Answered: 1 week ago

Question

★★★★★

Points: 25 Graduation Party Stakeholder Management Plan Stakeholder Management Graduation Project 1. Identify & Analyze Stakeholders: Drawing on the charter you created, create a stakeholder register...

Answered: 1 week ago

Question

★★★★★

9)Consider the equal segment spinner shown below. Develop a probability distribution for this spinner, then calculate the expected value of spinning it. x P(x) x P(x) E[X]= Z 2 5 5 2 3

Answered: 1 week ago

Question

★★★★★

1. Start with a leader that you want to model. a. What is the stated purpose of this person? b. What is the vision of this person? c. How does he seek to achieve his purpose and vision? d. What does...

Answered: 1 week ago

Question

★★★★★

2. Now change the performance so that you play out the dream in your inner the-atre. Apply colours to the images you envision. Give some pictures a stronger colour than others and vice versa. Also...

Answered: 1 week ago

Question

★★★★★

1. Imagine that you have already achieved a dream or a goal you have set for yourself. Both the goal and the dream correspond to your basic values. Try to visualize this dream or goal. What do you...

Answered: 1 week ago

Previous Question Next Question