Author Question: The monopoly issue is concerned with the fact that (a) monopolies will charge what the traffic ... (Read 47 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
The monopoly issue is concerned with the fact that
 
  (a) monopolies will charge what the traffic will bear in order to maximize their profits.
  (b) monopolies will attempt to increase their profits by discriminating among their customers
  and charge prices that they are willing to pay, instead of charging one price.
  (c) monopolies will be able to charge higher prices and earn higher rates of return than
  competitive firms.
  (d) all of the above apply.

Question 2

Regarding the stock market crash of 1929, evidence shows that
 
  (a) no one expected trouble in the stock market before the October 1929 crash.
  (b) there was doubt about the speculative heights of stock prices as they continued to
  rise and more money continued to pour into the market.
  (c) only active support by the New York Federal Reserve Bank during the summer and
  fall of 1929 enabled the bull market to last until October.
  (d) investment trusts and nonbanking money sources correctly anticipated the downturn.



shewald78

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

(d)

Answer to Question 2

(b)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library