1. If some industries exhibit internal economies of scale, we should not expect to see (a) monopolistic competition in these industries (b) perfect competition in these industries (c) inter-industry trade between countries. (d) intra-industry trade between countries. (e) None of the above

(b) perfect competition in these industries

Explanation:

If some industries exhibit internal economies of scale, we should not expect to see perfect competition in these industries because each firm behaves like a perfectly competitive firm and can thus be called a price taker. But when economies of scale are there because the firm itself increases its scale of production (i.e. it realizes internal economies of scale) the market structure becomes imperfectly competitive.

answer; i believe the correct answer is (business necessity defense;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.