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If Organizations That Are Competing in an Industry Are __________

Question 68

Multiple Choice

If organizations that are competing in an industry are __________ and have economies of scale,then their costs are __________ than the costs of potential entrants to this industry.


A) Small;higher
B) Small;lower
C) Large;higher
D) Large;lower
E) Economies of scale have no relationship with costs.

Correct Answer:

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