Question: Question 22 1 Cost advantage can come from: (Select all that apply) Policy choices Learning curve economies Diseconomies of Scope Economies of Scale Question 23

Question 22 1 Cost advantage can come from: (Select all that apply) Policy choices Learning curve economies Diseconomies of Scope Economies of Scale Question 23 1 Which of this/these statement(s) regarding cost advantage is/are true? Diseconomies of scope are an advantage for those who do not have diseconomies of scale Learning Curve Economies may result from natural endowment Technology Independent of Scale can potentially allow smaller firms to become cost competitive Diseconomies of scale are a cost advantage because competitors may not be able to match the scale

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