« previous next »

Author Question: Which of the following is not a criticism sometimes leveled at monopolies? a. A monopoly promotes ... (Read 650 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
Which of the following is not a criticism sometimes leveled at monopolies?
 a. A monopoly promotes inefficiency.
 b. A monopoly creates a welfare loss.
 c. A monopoly retards innovation.
 d. A monopoly leads to improved economies of scale in production.

Question 2

Which of the following tools of commercial policy acts as a quantitative restriction on imports?
 a. Tariff
  b. Subsidy
  c. Health and Safety regulations
  d. Quota
  e. Government procurement


millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

The epidermal growth factor (EGF) pathway that promotes cell division The epidermal growth factor (EGF) pathway that promotes cell division
Countercurrent heat exchange in dolphin flippers promotes conservation of body heat. Countercurrent heat exchange in dolphin flippers promotes conservation of body heat.
In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin
Blocking enzymes in hair follicles promotes hair growth Blocking enzymes in hair follicles promotes hair growth
Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt
Massage promotes proper growth and development of infants. Massage promotes proper growth and development of infants.
Video: Cavernous Sinus Larynx Middle Ear Orbit: Granulesm Animation

For a complete list of videos, visit our video library