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kmonette kmonette
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2 months ago

Suppose that minimum efficient scale as a percentage of U.S. consumption is 5 percent in industry X and it is 10 percent in industry Y. It follows that we would expect to find



▸

fewer firms in industry Y than X.



▸

fewer firms in industry X than Y.



▸

bigger firms in industry Y than X.



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bigger firms in industry X than Y.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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collegestudent1collegestudent1
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2 months ago
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fewer firms in industry Y than X.
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kmonette Author
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2 months ago
Thanks
lubennick
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Yesterday
Helped a lot
Ifekwunigwe
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2 hours ago
You make an excellent tutor!
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