« previous next »

Author Question: A natural monopoly is likely to arise when: a. the government restricts entry through licensing. b. ... (Read 44 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
A natural monopoly is likely to arise when:
 a. the government restricts entry through licensing.
 b. patents provide protection of intellectual property.
 c. economies of scale exist over the relevant range of demand.
  d. a firm controls a crucial input to production.

Question 2

According to economists, which of the following acts was partially responsible for the Great Depression of the 1930s?
 a. The Robinson-Patman Act
  b. The National Recovery Act
  c. The Smoot-Hawley Tariff Act
  d. The Sarbanes-Oxley Act
  e. The Sherman Antitrust Act


robbielu01

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

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?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Continuous variation in a natural population Continuous variation in a natural population
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
How to find the domain of a natural logarithmic functions (Part 2) How to find the domain of a natural logarithmic functions (Part 2)
Natural gas is a cleaner fuel than coal Natural gas is a cleaner fuel than coal
Natural Hazards: Earth's Processes as Hazards, Disasters, and Catastrophes, 4th Edition Natural Hazards: Earth's Processes as Hazards, Disasters, and Catastrophes, 4th Edition
Video: Decubitus Ulcer

For a complete list of videos, visit our video library