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Enumerate five sources of external economies of scale

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1. Enumerate five sources of external economies of scale

2. Explain the law of variable proportions

3. Enumerate four assumptions underlying the law of variable proportions

4. Identify the sources of diseconomies of scale

5. List three properties of isoquant curves

6. Highlight four salient features of a monopolistic competition market structure

7. Highlight five disadvantages of monopoly market structure

8. Distinguish between perfect oligopoly and imperfect oligopoly

9. Briefly explain the economic effect of the oligopoly market structure in an economy

10. Outline the characteristic of an oligopoly market structure

Reference no: EM132872829

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