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

Author Question: What is a natural monopoly? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 89 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Jun 29, 2018
What is a natural monopoly?
 
  What will be an ideal response?

Question 2

What are ration coupons and what is their purpose? Provide a historical or current example.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 29, 2018
Answer to Question 1

A natural monopoly is a market in which one firm can supply the entire market at a lower cost than two or more firms can.

Answer to Question 2

They are tickets or coupons that entitle individuals to purchase a certain amount of a given product per month. A historical example would be ration coupons for gasoline during World War II.


bb

  • Hero Member
  • *****
  • Posts: 544
Reply #2 on: Jun 29, 2018
Thank you :)


vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Immune Response Immune Response
My question is relating to impulse problems. My question is relating to impulse problems.
Economics question Economics question
economic question economic question
economic question economic question
economic question economic question
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library