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QUESTION 1 Which of the following is NOT a potential concern related to large firm size? A. Large firms may have dispersed ownership and separate management, raising corporate governance concerns Large firms may have discretionary power simply because they have lots of money Large absolute size may lead to large size relative to the market, and subsequently, market power Large firms may have tremendous political influence Large firms may disproportionately invest in terrible advertising, crowding our computers and televisions with irrelevant and annoying ads D. QUESTION 2 How are economies of throughput different from economies of scale? A. Economies of scale are attained by increasing production, whereas economies of throughput are realized by continuously operating at maximum capacity OB. Economies of throughput are found in smaller countries, whereas economies of scale are found in large countries O C. Theyre not. The two are identical D.Economies of scale relate to the size of operations, while economies of throughput relate to the completeness of operations. QUESTION 3 Which stage of the product life cycle is often characterized by a great deal of net entry and substantial experimentation in product design? OA. Stage1 B. Stage2 C. Stage 3 D Stage 4 ? E. Stage 5

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Can answer only 2 questions as according to HomeworkLib policy policy we can only answer one question if questions are not related. First two questions are related

A E. Its is totally irrelevant and has nothing to do with concern regarding increasing concentration in the economy

B D is right. Economies of scale emerge as all factors are increased. Economies of throughput deal with time taken to complete production of a good

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