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

Author Question: Over the long run, monopolies can earn A) economic profit. B) normal profit only. C) accounting ... (Read 149 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Over the long run, monopolies can earn
 A) economic profit.
  B) normal profit only.
  C) accounting profit only.
  D) no economic profit.

Question 2

Monopolies exist due to
 A) patents.
  B) government franchises.
  C) cost factors.
  D) all of these choices contribute to the power of a monopoly.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


stock

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Excellent

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

A comparison between chromosomes found in a normal human cell and a cancer cell from the same person A comparison between chromosomes found in a normal human cell and a cancer cell from the same person
Maintenance of normal blood glucose levels. Maintenance of normal blood glucose levels.
Summation of Heart Sounds, Normal Physiological Split of S2 Summation of Heart Sounds, Normal Physiological Split of S2
With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ... With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ...
Types of Long-Term Memories Types of Long-Term Memories
Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere
Video: Introduction to Diabetes

For a complete list of videos, visit our video library