Author Question: When a firm is regulated so it uses an average cost pricing rule, the price A) exceeds average ... (Read 49 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
When a firm is regulated so it uses an average cost pricing rule, the price
 
  A) exceeds average total cost.
  B) equals marginal cost.
  C) is less than marginal cost.
  D) equals average total cost.
  E) equals marginal revenue.

Question 2

Fill in the blank: Other things constant, the growing availability of college degrees being offered through online programs will tend to ________ the price elasticity of demand for more traditional college degree programs.
 
  A) leave unchanged
  B) decrease
  C) increase
  D) alter for the better



billybob123

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

For a complete list of videos, visit our video library