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Chako Chako
wrote...
Posts: 2948
8 years ago
When there are external economies of scale, an increase in the size of the market will
A) increase the number of firms and raise the price per unit.
B) increase the number of firms and lower the price per unit.
C) decrease the number of firms and lower the price per unit.
D) not affect the number of firms, but will lower the price per unit.
E) decrease the number of firms and raise the price per unit.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 111 times
3 Replies

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Replies
wrote...
8 years ago
B
Chako Author
wrote...
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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