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

Author Question: Which of the following is a current example of a government-granted cartel? A) the Big Three ... (Read 28 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
Which of the following is a current example of a government-granted cartel?
 
  A) the Big Three accounting firms
  B) the U.S. automobile industry
  C) U.S. professional baseball
  D) the U.S. airline industry

Question 2

The optimal output of a collective consumption good is found by_____.
 
  a. equaling marginal cost and the vertical summation of all individual's demand curves
  b. equaling price and marginal cost
  c. equaling marginal cost and the horizontal summation of all individual's demand curves
   d. equaling marginal cost and long-run average total cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

b614102004

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

a


humphriesbr@me.com

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

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.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
To reverse the direction of operation, the polarity of the current through the motor is reversed. To reverse the direction of operation, the polarity of the current through the motor is reversed.
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
Magnetic Force on a Current Carrying Conductor Magnetic Force on a Current Carrying Conductor
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library