Question: Cloud you please answer question 2?Thx Question 2 (1 point) What is one implication of the firm demand (sales) function in the internal economies of

Cloud you please answer question 2?Thx

Question 2 (1 point) What is one implication of the firm demand (sales) function in the internal economies of scale model? the demand for a firm's good is higher if that firm is in that country's comparative advantage industry O as the number of firms in that industry increases, each firm's demand decreases )A firm's demand decreases when the average price of other firms increases as a firm promotes more of its own workers from within its organization, its costs decline due to knowledge spillovers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Hello, please answer question 1 ,thanks Question 1 (1 point) What would be one implication of adding trade costs t to the internal economies model with firms of different marginal costs? Only the...

907ECON... P7 Question: Consider a horizontally differentiated product market in which two firms are located at any points l1 and l2 on the real line, respectively, with the notation l1 l2. Firms...

Article review: see attached, there are two different articles to review. Abstract: One paragraph Literature Review: a brief no more than one page discussion of the important (top three articles)...

Article review: see attached Abstract: One paragraph Literature Review: a brief no more than one page discussion of the important (top three articles) literature and the findings of that literature....

Questions . Please answer each question in detail 1) Consider the following technology: c(yi) = yi2 +2yi +4. Many firms have access to this technology, in fact so many that there is not room for all...

Question 1 Not yet answered Marked out of 1.00 Flag question Question text In the simple aggregate expenditure model where all components of aggregate expenditure are autonomous except consumption,...

Please answer these all questions Question 1 Technical efficiency: Group of answer choices Requires getting maximum output from the resources used in production. Requires covering the opportunity...

Please answer these questions Question 67 0.2pts Assume a good has a downward-sloping, linear demand curve. As the price of this good increases, total revenue Group of answer choices Increases then...

please answer question 1 using the "Savanah bannana" baseball team as the example and then use the following text to answer question two please and thank you 1 Select a persistently successful team...

l. The following are key features of a monopoly EXCEPT A) diseconomies of scale. B) no close substitutes. C) inuence over price. D) barriers to entry. 2. Which of the following statements about a...

Read at least five articles (empirical) on ethics in information technology. Write a report that reflects the ethical implications of information technology for business organization and society as a...

The period of oscillation T of a water surface wave is assumed to be a function of density , wavelength , depth h, gravity g, and surface tension Y. Rewrite this relationship in dimensionless form....

Suppose the price elasticity of demand for used cars is estimated to be

Choose a current company and discuss how COVID-19 has impacted distribution. Compare the physical store to its website. Visit the Website to see if they have been able to re-create the store...

1. Effort is important.

2. Set up two points representing the pillars of your values system. Discuss this with the others in the group.

8. Find values in the Norwegian culture that you believe have been stable over a long period. Do you feel that these values say something about your own values?