Question

Although many legal music download sites started up, because of the technology, only a few have survived. It is likely that online music firms:a. have diseconomies of scale.b. have U-shaped short-run cost curves.c. have decreasing long-run average cost curves.d. face downward-sloping demand curves.

Answer 1

Answer:

c. have decreasing long-run average cost curves.

Explanation:

Although many legal music download sites started up, because of the technology, only a few have survived. It is likely that online music firms which has ecreasing long-run average cost curves.