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Author Question: When used with a natural monopoly, an average cost pricing rule results in A) the efficient level ... (Read 43 times)

ssal

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on: Jun 29, 2018
When used with a natural monopoly, an average cost pricing rule results in
 
  A) the efficient level of output.
  B) economic losses for the firm.
  C) the need for government to subsidize the natural monopoly.
  D) zero economic profit for the firm.
  E) the firm making an economic profit.

Question 2

How can a domestic producer determine whether or not it has a comparative advantage in the production of a good or service?
 
  A) It cannot.
  B) by comparing the price it receives to the prices of other domestic producers
  C) by comparing the price it receives to the world price
  D) by comparing the quantity it produces to the quantity produced in the world
  E) by comparing the total domestic quantity to the total world quantity
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Beatricemm

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ssal

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

amandanbreshears

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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