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 28 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
Great answer, keep it coming :)


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

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?

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.

For a complete list of videos, visit our video library