Positive scale economies, International Economics

Assignment Help:

Q. Is it possible that if positive scale economies characterize an industry, that its equilibrium can be consistent with purely competitive conditions? Explain how this would happen.

Answer: Yes if the degree economies were external to the firm afterwards there is no reason why the firms may not be in perfect competition.


Related Discussions:- Positive scale economies

WTO, Special and Differential treatment

Special and Differential treatment

Nature and basis of international trade, discus how every economy is essent...

discus how every economy is essentially part of the international economy

Process of monetary unification, Q. "Given that labor remains relatively im...

Q. "Given that labor remains relatively immobile within Europe, the European Union's success in liberalizing its capital flows may have worked perversely to worsen the economic sta

Trade and costs, how trade lowers the costs of making computer peripherals ...

how trade lowers the costs of making computer peripherals such as mice and keyboards

Wto, economic theories to explain free traden..

economic theories to explain free traden..

Monopolistic Competition, Suppose that industry 1 is monopolistically compe...

Suppose that industry 1 is monopolistically competitive, with a CES sub-utility function: U(c1,c2 ) = c1? + c?2 , 0 We let the marginal costs be denoted by c1(w,r), and the fixe

Evaluate exchange rate against the russian ruble, Q. Suppose Russia's infla...

Q. Suppose Russia's inflation rate is 200% over one year, but the inflation rate in Switzerland is only 2%. According to relative PPP, what should happen over the year to the Swis

Trade theory, discuss the possibility of trade if factor endowment are iden...

discuss the possibility of trade if factor endowment are identical and tasde is different

IMF''s Role in European zero-euro debt crisis, What exactly is IMF and why ...

What exactly is IMF and why is it so important in helping Europe? How exactly does it help Europe and what effects does its help have on rest of the world?

Survivor island, Identify and explain the three basic economic question tha...

Identify and explain the three basic economic question that the group of survivors will have to answer everyday

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd