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6. Name a few firms that experience economies of scale at very high levels of output. 7. Name a few firms that experience economies of scale at relatively low levels of output 8. Why does your hometown have only one electricity company? Why arent utility industries such as water, natural gas, and garbage collection more competitive? How does the concept of economies of scale lead to certain industries being natural monopolies? 9. Why dont more companies make jumbo jets? 10. How would you use economies of scale/scope in your business? 11. What does it mean that a firm can become too big for its own good? Can you think of any other organizations (economic or otherwise) that have gotten so big that theyve failed?

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