[Answered] A legal monopoly is defined as a market where A) only one lawyer operates. B) a legal barrier to ...

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Author Question: A legal monopoly is defined as a market where A) only one lawyer operates. B) a legal barrier to ... (Read 84 times)

FButt

Hero Member
Posts: 519

on: Jun 29, 2018

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

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Marked as best answer by a Subject Expert

chevyboi1976

Sr. Member
Posts: 344

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

FALSE

FButt

Member
Posts: 519

Reply 2 on: Jun 29, 2018

Excellent

scikid

Member
Posts: 300

Reply 3 on: Yesterday

TYSM

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