[Answered] For a natural monopoly, long-run average costs A) fall as output increases. B) rise as output ...

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Author Question: For a natural monopoly, long-run average costs A) fall as output increases. B) rise as output ... (Read 117 times)

cnetterville

Hero Member
Posts: 547

on: Jun 29, 2018

For a natural monopoly, long-run average costs

A) fall as output increases.
B) rise as output increases.
C) fall as output falls.
D) rise as output falls.

Question 2

Which of the following could best be categorized as a public good?

A) an apartment in a public housing project
B) a pumpkin pie
C) public fireworks
D) a race track

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pratush dev

Sr. Member
Posts: 321

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

C

cnetterville

Member
Posts: 547

Reply 2 on: Jun 29, 2018

TYSM

xoxo123

Member
Posts: 335

Reply 3 on: Yesterday

Gracias!

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Author Question: For a natural monopoly, long-run average costs A) fall as output increases. B) rise as output ... (Read 117 times)

cnetterville

For a natural monopoly, long-run average costs A) fall as output increases. B) rise as output ...

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Need homework help now?

pratush dev

For a natural monopoly, long-run average costs A) fall as output increases. B) rise as output ...

cnetterville

xoxo123