People in the city of Maurus have a flatter demand curve for ...

[moongchi]

People in the city of Maurus have a flatter demand curve for television sets than people in the city of Sienna. It can be concluded that a producer of television sets can price discriminate by charging a higher price in Maurus than in Sienna.
  Indicate whether the statement is true or false

Question 2

In which of the following situations, is a barrier to entry into a monopoly least likely to exist?
 a. A large firm enjoys economies of scale.
  b. The tariffs on foreign goods are eliminated by the government.
  c. A company is the sole inventor of what it produces and no one else can make a good substitute.
  d. Government restrictions such as license requirements are enacted.
  e. A company is the only owner of an essential resource needed to produce its product.

[chereeb]

Answer to Question 1

T

Answer to Question 2

b

[moongchi]

Excellent

[miss.ashley]

Gracias!