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Author Question: Firms often use patent rights as a: A) barrier to exit. B) barrier to entry. C) way to achieve ... (Read 170 times)

Zulu123

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on: Jul 1, 2018
Firms often use patent rights as a:
 
  A) barrier to exit.
  B) barrier to entry.
  C) way to achieve perfect competition.
  D) none of the above

Question 2

Suppose the downward sloping labor demand curve shifts rightward in a labor market with a single employer (monopsony). What happens to the marginal expenditure curve?
 
  A) Shifts left
  B) Shifts right
  C) Remains the same
  D) We do not have enough information to answer this question.


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polinasid

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Zulu123

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

aliotak

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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