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

Author Question: If the regulator require a natural monopoly set its price equal to its marginal cost, that would ... (Read 95 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
If the regulator require a natural monopoly set its price equal to its marginal cost, that would ensure
 
  A) an economic profit for the firm.
  B) zero economic profit for the firm.
  C) an economic loss for the firm.
  D) an accounting loss for the firms.

Question 2

The table above shows the marginal costs and marginal benefits of college education. If the market for college education is perfectly competitive and unregulated, at the equilibrium quantity, the marginal external benefit is
 
  A) zero.
  B) 5,000.
  C) 4,000.
  D) 8,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


ss2343

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 29, 2018
Thank you :)


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

SOHC engines usually require additional components such as a rocker arm to operate all of the ... SOHC engines usually require additional components such as a rocker arm to operate all of the ...
Ford spring-lock connectors require a special tool for disassembly. Ford spring-lock connectors require a special tool for disassembly.
A mechanical returnless fuel system. The bypass regulator in the fuel tank controls fuel line ... A mechanical returnless fuel system. The bypass regulator in the fuel tank controls fuel line ...
Equipment and supplies needed for manual exfoliation using natural substances. Equipment and supplies needed for manual exfoliation using natural substances.
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: DNA Replication

For a complete list of videos, visit our video library