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

Author Question: A natural oligopoly can form A) if there are economies of scale. B) only if firms sell a ... (Read 31 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
A natural oligopoly can form
 
  A) if there are economies of scale.
  B) only if firms sell a differentiated good.
  C) only if firms sell a homogeneous good.
  D) if there is only one firm in the industry.

Question 2

Real income measures the
 
  A) slope of the budget line.
  B) purchasing power of a given income.
  C) slope of the preference map.
  D) area under the indifference curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Cyanobacteria of the (a) genus Synechococcus form (b) mats that line hot springs around the world. Cyanobacteria of the (a) genus Synechococcus form (b) mats that line hot springs around the world.
pH Scale pH Scale
Solar particles interact with Earth's magnetosphere. Sizes not to scale. Solar particles interact with Earth's magnetosphere. Sizes not to scale.
Bonobo females form close alliances, maintained through sex, but these alliances are lacking in chim Bonobo females form close alliances, maintained through sex, but these alliances are lacking in chim
Bank reconciliation form. Bank reconciliation form.
Thick-walled barrel-shaped arthrospores on thin glass like hyphae; the room-temperature form of ... Thick-walled barrel-shaped arthrospores on thin glass like hyphae; the room-temperature form of ...
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library