« previous next »

Author Question: Colorado State University allocates 10,000 tickets for each home game to students at no cost. ... (Read 48 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Colorado State University allocates 10,000 tickets for each home game to students at no cost. Students are required to stand in line and prove they are a full time student to receive a free ticket.
 
  How is the scarce resource in this example allocated? A) first-come, first-served
  B) market price
  C) contest
  D) lottery

Question 2

A single-price monopolist is inefficient because
 
  A) MR = MC.
  B) P > ATC.
  C) it creates a deadweight loss.
  D) it increases producer surplus.


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

John Hopkins University John Hopkins University
Steady-state kinetic analysis of bisubstrate reactions Steady-state kinetic analysis of bisubstrate reactions
Ion channels in myocardial cells: (a) resting state before action potential (all channel gates ... Ion channels in myocardial cells: (a) resting state before action potential (all channel gates ...
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
High school students shopping at the mall High school students shopping at the mall
Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that
Video: Biological organic compounds

For a complete list of videos, visit our video library