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

Author Question: When a monopolist sells positive levels of output, its demand curve: A) lies below its marginal ... (Read 29 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
When a monopolist sells positive levels of output, its demand curve:
 
  A) lies below its marginal revenue curve.
  B) lies above its marginal revenue curve.
  C) and marginal revenue curve overlap
  D) is vertical while its marginal revenue curve is horizontal.

Question 2

A system of property rights
 
  A) encourages economic growth by creating incentives to invest in capital and to be innovative.
  B) discourages economic growth by discouraging the development of new ideas and ways of doing things.
  C) reduces the efficiency of government, which reduces the growth rate of the economy over time.
  D) encourages investment but discourages entrepreneurial activity, so the effect on economic growth is uncertain.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

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?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Estrogen and Progesterone Levels During Menstrual Cycle Estrogen and Progesterone Levels During Menstrual Cycle
Levels of Prevention Levels of Prevention
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
Bronfenbrenner was interested in bidirectional relationships between different levels of the ... Bronfenbrenner was interested in bidirectional relationships between different levels of the ...
The medical assistant is measuring the urine output from a patient who has an indwelling Foley ... The medical assistant is measuring the urine output from a patient who has an indwelling Foley ...
Will Posting Nutritional Content in Restaurants Have a Positive Impact on the Obesity Epidemic? Will Posting Nutritional Content in Restaurants Have a Positive Impact on the Obesity Epidemic?
Video: Oxygen - hemoglobin dissociation curve & Hemoglobin's affinity with oxygen - acidity

For a complete list of videos, visit our video library