[Answered] In the long-run, a monopoly is most likely to achieve a. An average rate of return b. Above ...

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Author Question: In the long-run, a monopoly is most likely to achieve a. An average rate of return b. Above ... (Read 62 times)

ETearle

Hero Member
Posts: 580

on: Jul 1, 2018

In the long-run, a monopoly is most likely to achieve
a. An average rate of return
b. Above average profits
c. Economic Profits
d. Both B&C

Question 2

With which choice are you more likely to avoid Bid-rigging cartels?
a. Holding Vickery auctions
b. Holding sealed-bid auctions
c. Holding English auctions
d. Both A&B

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joneynes

Sr. Member
Posts: 376

Reply #1 on: Jul 1, 2018

Answer to Question 1

a

Answer to Question 2

d

ETearle

Hero Member
Posts: 580

Reply #2 on: Jul 1, 2018

Thank you

joneynes

Sr. Member
Posts: 376

Reply #3 on: Jul 1, 2018

Happy to help you

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