мсо 17 If a firm exhibits X-inefficiency, the implication is that: A unit production costs are higher than the achievable minimum В profits are higher than they are for other firms in the industry I do not want to answer this question. marginal cost must be rising as the rate of production rises E economies of scale are limited by the size of the market consumers are prepared to pay more for the substitute goods produced by other competing firms

мсо 17 If a firm exhibits X-inefficiency, the implication is that: A unit production costs are higher than the achievable minimum В profits are higher than they are for other firms in the industry I do not want to answer this question. marginal cost must be rising as the rate of production rises E economies of scale are limited by the size of the market consumers are prepared to pay more for the substitute goods produced by other competing firms

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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