This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Compared to the profit-maximizing equilibrium of a natural monopoly, a price cap regulation ________ ... (Read 78 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Compared to the profit-maximizing equilibrium of a natural monopoly, a price cap regulation ________ the firm's price and ________ the firm's output.
 
  A) raises; decreases
  B) lowers; increases
  C) raises; increases
  D) lowers; decreases

Question 2

What are the two basic types of economic systems?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

(1.) Command economies.
(2.) Laissez-faire economies.


Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Wow, this really help

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

The Tsavo Man-Eaters on display in the Field Museum of Natural History in Chicago, Illinois. The Tsavo Man-Eaters on display in the Field Museum of Natural History in Chicago, Illinois.
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Inflated Phrases Compared with Concise Terms Inflated Phrases Compared with Concise Terms
Measuring the resistance of the ECT sensor. The resistance measurement can then be compared with ... Measuring the resistance of the ECT sensor. The resistance measurement can then be compared with ...
Feedback regulation of HMG-CoA reductase activity Feedback regulation of HMG-CoA reductase activity
What would be the appropriate equilibrium temperature of a system obtained by adding 25.0 g of ... What would be the appropriate equilibrium temperature of a system obtained by adding 25.0 g of ...
Video: Epinephrine/NE (heart rate, altered blood flow, glycogenolysis & bronchodilation)

For a complete list of videos, visit our video library