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Refers to cost advantages that established firms in a particular industry have, and which new entrants cannot duplicate. Common examples are government subsidies, access to raw materialls, proprietary technology, and prime real estate locations.
What else can I help you with?
What is Karen Masters on a scale of one to ten?
Do you mean WHERE on the scale?
Is free an adverb?
It can be, when it is used to mean "freely" (e.g. the bottom half was dangling free, the fish swam free). Otherwise, free is an adjective meaning independent, unattached, or at no cost.
What do you mean by transcendent values are independent of time?
buang
What does bms mean when you are rating someone?
Broke my scale
What does bar-scale mean?
A bar scale- helps you find the distance between two places on a world map.
Why LRAC and SRAC are of U shape?
It is influenced by economies and diseconomies of scale. Economies of scale is when the size of it scale enlarged, that's mean total output increase but cost per unit decrease.
What does the I in itv mean?
Independent => Independent Television
What does disadvantage mean in science?
It means it sucks
Advantage and disadvantage of a treadle machine?
what do you mean
What does it mean independent in Spanish?
In Spanish independent is independiente.
What does it mean if a firm has excess capacity?
a firm has excess capacity if it produces below its efficient scale, whcih is the quantity at which total cost is a minimum.
How mean can a dog can get in the scale of 1 to 10?
You need to define how mean the scale points are.
How do I find out what 3.2 mean on a scale?
Read what the scale or the key to the scale says.
What does sping scale mean?
The spring scale is another type of scale to measure balence.
Who created the scale?
There are innumerable scales and the answer depends on which scale you mean.
What is Karen Masters on a scale of one to ten?
Do you mean WHERE on the scale?
What is the Disadvantage of means deviation?
The disadvantage is that the mean deviation of a set of data is always zero and so does not provide any useful information.
