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okay so what weamp;#39;ve done in this session weamp;#39;ve put together five multiple choice questions that are related to market structures theory of the firm market structures and the idea here is to give yourself a chance to do five questions back to back and see how you get on and obviously weamp;#39;ll take you through the right answers and the reasoning so here we go hereamp;#39;s our first question why might an industry consist mainly of small firms have a go press the pause button iamp;#39;ll be back in a few seconds with the right answer okay so why might an industry consist mainly of small firms so the answer to the correct answer to this question is a diseconomies of scale occur at a lower level of output what that means is that the minimum efficient scale in a particular sector is is low relative to the size of market demand it could be the case for example that you docHub the mes at three percent of market demand in which case thereamp;#39;s room for probably around