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Home Q & A Board Other Fields Homework Help Business Economics
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Chako Chako
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8 years ago
If output is increased in the long-run, then in the presence of internal economies of scale the number of firms will ________, and in the presence of constant external returns to scale the number of firms will ________.
A) remain constant; increase
B) increase; decrease
C) decrease; remain constant
D) decrease; decrease
E) increase; remain constant
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Happy to help you!
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