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

Author Question: If the government attempts to force a natural monopoly to charge a price equal to marginal cost, ... (Read 163 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
If the government attempts to force a natural monopoly to charge a price equal to marginal cost,
 
  A) the natural monopoly will shut down.
  B) the natural monopoly will still make high profits.
  C) the natural monopoly's marginal cost curve will shift up.
  D) total welfare is maximized.

Question 2

If firms in a competitive market are not identical, then an increase in cost will
 
  A) shift marginal cost to the right.
  B) push the most inefficient firms out of the market.
  C) push the most efficient firms out of the market.
  D) Need more information.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Gracias!

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Natural Hazards Natural Hazards
How Oil and Natural Gas Form How Oil and Natural Gas Form
Coriolis force Coriolis force
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
How do resultant force work among different angles? How do resultant force work among different angles?
Video: Structures that affect circulation - venous return

For a complete list of videos, visit our video library