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Title: Economies of scale can lead to an oligopolistic market structure because Post by: Tidy on Jun 21, 2015 Economies of scale can lead to an oligopolistic market structure because
A) 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. B) if economies of scale are insignificant, only a few firms are able to produce at the low costs achieved by the big established firms. C) a few firms can force rivals to produce at low levels of output. D) a few firms can use high profits to keep out new entrants. Title: Re: Economies of scale can lead to an oligopolistic market structure because Post by: Chimelo46 on Jul 20, 2015 Content hidden
Title: Re: Economies of scale can lead to an oligopolistic market structure because Post by: Chimelo46 on Aug 31, 2015 Glad to help you, and good luck with your course.
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