« previous next »

Author Question: Government controls of price, output, entry of new firms, and quality of service in industries where ... (Read 54 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Government controls of price, output, entry of new firms, and quality of service in industries where monopoly appears desirable are known as
 a. antitrust regulation
  b. economic regulation
  c. social regulation
  d. antimerger regulation
  e. consumer advocacy regulation

Question 2

The golden rule of profit maximization states that firms maximize profit by producing at the rate of output at which price equals average total cost.
 a. True
  b. False


courtney_bruh

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Cascade of regulated splicing that controls sex determination in Drosophila embr Cascade of regulated splicing that controls sex determination in Drosophila embr
Tag identify that the power has been removed and service work is being done. Tag identify that the power has been removed and service work is being done.
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum
Pathway by which the nervous system controls skeletal muscle contraction Pathway by which the nervous system controls skeletal muscle contraction
Video: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library