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Title: Economies of scale will lead to only one firm in the industry because Post by: krishna2018 on Aug 22, 2018 Economies of scale will lead to only one firm in the industry because
A) by increasing output a firm is able to lower the cost per unit and charge lower prices driving smaller firms out of business. B) one firm has an average cost curve, which has shifted below the average cost curves of its competitors. C) there are governmental entry restrictions. D) of government licensing. Title: Economies of scale will lead to only one firm in the industry because Post by: billybob888 on Aug 22, 2018 Content hidden
Title: Economies of scale will lead to only one firm in the industry because Post by: krishna2018 on Aug 22, 2018 Smart ... Thanks!
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