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

Author Question: Which of the following is TRUE of a natural monopoly? A) Its long-run average cost curve slopes ... (Read 86 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Which of the following is TRUE of a natural monopoly?
 
  A) Its long-run average cost curve slopes upward as it intersects the demand curve.
  B) Economies of scale exist to only a very low level of output.
  C) Economies of scale allow one firm to supply the entire market at the lowest possible cost.
  D) The firm is not protected by any barrier to entry.

Question 2

If two variables are positively related, then
 
  A) they move in opposite directions.
  B) they are independent of each other.
  C) they move in the same direction.
  D) their graph will have a negative slope.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ... Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ...
The average percentages by polygraph exams The average percentages by polygraph exams
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Demographic transition model for changes in population growth rates and sizes, correlated with long- Demographic transition model for changes in population growth rates and sizes, correlated with long-
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library