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

Author Question: The price charged by a monopolist is socially inefficient because the price A) exceeds the true ... (Read 63 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
The price charged by a monopolist is socially inefficient because the price
 
  A) exceeds the true marginal cost of the resources used.
  B) is less than the opportunity cost of the resources used.
  C) puts the monopolist into a higher tax bracket.
  D) is too low.

Question 2

The supply curve has a
 
  A) negative slope.
  B) positive slope.
  C) slope equal to -1.
  D) undefined slope.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


c0205847

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
:D TYSM

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

True Friendship True Friendship
Alan Price - Poor People Alan Price - Poor People
Sustainable Food Systems Are Environmentally Friendly, Economically Sound, and Socially Equitable Sustainable Food Systems Are Environmentally Friendly, Economically Sound, and Socially Equitable
In a Millikan experiment, a 6.89E-14 kg charged oil droplet is suspended in the electric field ... In a Millikan experiment, a 6.89E-14 kg charged oil droplet is suspended in the electric field ...
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Cavernous Sinus Larynx Middle Ear Orbit: Granulesm Animation

For a complete list of videos, visit our video library