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

Author Question: Which of the following prevents potential competitors from entering a monopolist's market? a. legal ... (Read 74 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
Which of the following prevents potential competitors from entering a monopolist's market?
 a. legal restrictions
  b. diseconomies of scale
  c. product differentiation
  d. stable market demand
  e. rising marginal cost

Question 2

Adverse selection is more likely when
 a. a job requires specific training
  b. a job requires intangible or unmeasurable abilities
  c. the wage offered is above the average of all wages in the market
  d. the wage is based on true marginal revenue products
  e. performance can be monitored closely


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dmurph1496

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Inspect the site for potential veins to use and palpate to further locate a vein and test the firmne Inspect the site for potential veins to use and palpate to further locate a vein and test the firmne
Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change
Transmission of the action potential Transmission of the action potential
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Potential gas reserves have increased significantly with the discovery of new shale gas formations Potential gas reserves have increased significantly with the discovery of new shale gas formations
Resting Membrane Potential Resting Membrane Potential
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library