« previous next »

Author Question: A natural monopoly's output is less if it is regulated with A) a marginal cost pricing rule than ... (Read 123 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
A natural monopoly's output is less if it is regulated with
 
  A) a marginal cost pricing rule than if it is unregulated.
  B) an average cost pricing rule than if it is unregulated.
  C) an average cost pricing rule than if it is regulated with a marginal cost pricing rule.
  D) a marginal cost pricing rule than if it is regulated with an average cost pricing rule.
  E) More information about the firm's demand is needed to determine how its output depends on what regulation it faces.

Question 2

Which of the following is true?
 
  A) MSC = MC + Marginal external cost
  B) MC = Marginal external cost - MSC
  C) MC = Marginal external benefit + MSC
  D) MSC = Marginal external cost + marginal external benefit
  E) MSC = Marginal external cost - marginal external benefit


emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

The energy input and output of glycolysis. The energy input and output of glycolysis.
When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
Natural Settings Natural Settings
Natural plant sources of pharmaceutical Natural plant sources of pharmaceutical
Cost of Laptops Cost of Laptops
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library