This topic contains a solution. Click here to go to the answer

Author Question: A legal monopoly is defined as a market where A) only one lawyer operates. B) a legal barrier to ... (Read 87 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
A legal monopoly is defined as a market where
 
  A) only one lawyer operates.
  B) a legal barrier to entry exists.
  C) only one firm could earn a profit.
  D) entry and exit are legal.

Question 2

The demand curve for labor shows how many hours workers demand to work.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

FALSE




FButt

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Excellent


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

For a complete list of videos, visit our video library