Author Question: An example of a monopoly is A) a big city restaurant. B) the stock market. C) the only ... (Read 45 times)

OSWALD · **on:** Jun 29, 2018

An example of a monopoly is

A) a big city restaurant.
B) the stock market.
C) the only veterinarian in an isolated farm community.
D) a large hospital in a big city.

Question 2

The above table gives the market demand and market supply schedules for soda. What is the maximum price consumers are willing to pay for the 400th can of soda?

A) 0.80 per can
B) 0.70 per can
C) 0.60 per can
D) 0.50 per can