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

Author Question: If the government wishes to provide a natural monopolist with a fair rate of return, it will force ... (Read 90 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
If the government wishes to provide a natural monopolist with a fair rate of return, it will force the firm to set
 a. P = MC
  b. P = AC
  c. P = MR
  d. P = AVC
  e. MR = MC

Question 2

If the loss-minimizing output for a perfectly competitive firm is zero, then, at all other output levels,
 a. price must be greater than average variable cost
  b. the marginal cost curve must slope downward
  c. marginal cost is less than marginal revenue
  d. total revenue is less than total variable cost
  e. total revenue is less than average variable cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cam1229

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Gracias!

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Natural abundance of Mercury Natural abundance of Mercury
For the 2-year-old, encounters with peers provide valuable practice in communication and social ... For the 2-year-old, encounters with peers provide valuable practice in communication and social ...
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
1) (a) What is Coulomb?s Law? (b) Find the net electrostatic force on the charge labeled ?P? in ... 1) (a) What is Coulomb?s Law? (b) Find the net electrostatic force on the charge labeled ?P? in ...
Question about Resultant of gravitational force? Question about Resultant of gravitational force?
Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...
Video: Muscular System Animation

For a complete list of videos, visit our video library