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

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter11: Profit Maximization

Section: Chapter Questions

Problem 11.9P

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