第三章规模经济与国际贸易习题.docVIP

Chapter 7: Economies of Scale, Imperfect Competition, and International Trade 1 B 7 A 13 D 2 D 8 C 14 D 3 A 9 B 15 C 4 B 10 E 16 C 5 C 11 A 17 E 6 C 12 C 18 C External economies of scale arise when the cost per unit rises as the industry grows larger. falls as the industry grows larger rises as the average firm grows larger. falls as the average firm grows larger. remains constant. None of the above. Internal economies of scale arise when the cost per unit rises as the industry grows larger. falls as the industry grows larger. rises as the average firm grows larger. falls as the average firm grows larger. None of the above. External economies of scale A. may be associated with a perfectly competitive industry. cannot be associated with a perfectly competitive industry. tends to result in one huge monopoly. tends to result in large profits for each firm. None of the above. Internal economies of scale A. may be associated with a perfectly competitive industry. B. cannot be associated with a perfectly competitive industry. are associated only with sophisticated products such as aircraft. cannot form the basis for international trade . None of the above. None of the above. Where there are economies of scale, an increase in the size of the market will increase the number of firms and raise the price per unit. decrease the number of firms and raise the price per unit. increase the number of firms and lower the price per unit. decrease the number of firms and lower the price per unit. None of the above. The simultaneous export and import of widgets by the United States is an example of increasing returns to scale. imperfect competition. intra-industry trade. inter-industry trade. None of the above. If output more than doubles when all inputs are doubled, production is said to occur under conditions of increasing returns to scale. imperfect competition. intra-industry trade. inter-industry trade. None of the above. Intra-industry trade can be explain