This topic contains a solution. Click here to go to the answer

Author Question: The LRAC curve generally is A) shaped as an upside-down U. B) U-shaped. C) upward sloping. D) ... (Read 80 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
The LRAC curve generally is
 
  A) shaped as an upside-down U.
  B) U-shaped.
  C) upward sloping.
  D) downward sloping.

Question 2

If the regulator wanted to maximize the total surplus in a natural monopoly market, the regulator has the firm set its price equal to its
 
  A) average fixed cost.
  B) average total cost.
  C) average variable cost.
  D) marginal cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trampas

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

B

Answer to Question 2

D




soccerdreamer_17

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Gracias!


olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library