Which would increase dynamic efficiency in the economy?

Allocative efficiency requires which of the following conditions?

Productive efficiency is likely to be increased when

Some industries are dominated by a few large firms. Which answer might explain this?

The concept of the Minimum Efficient Scale is

Which might explain why the minimum efficient scale for an industry is high?

One way of increasing competition in the utility industry is

Which is likely to lead to a shift downwards in a cinema's long run average cost curve?

Which type of efficiency would a public welfare seeking broadcaster achieve if successful?