« previous next »

Author Question: A monopolist always earns an economic profit. a. True b. False Indicate whether the statement is ... (Read 74 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
A monopolist always earns an economic profit.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Consumer equilibrium requires that the marginal utility per dollar spent be unequal for all goods.
 a. True
  b. False
  Indicate whether the statement is true or false


Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

azncindy619

  • Hero Member
  • *****
  • Posts: 562
Reply #2 on: Jun 30, 2018
Correct answers!


Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Example of Reconciling a Bank Statement Example of Reconciling a Bank Statement
Economic and Social Development Economic and Social Development
Economic and Social Development Economic and Social Development
Global Economic Relationships Global Economic Relationships
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
economic question economic question
Video: Prone Position

For a complete list of videos, visit our video library