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Author Question: An example of an upper-middle income country is a. India. b. Brazil. c. Indonesia. d. ... (Read 147 times)

Alygatorr01285

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on: Jun 30, 2018
An example of an upper-middle income country is
 
  a. India.
  b. Brazil.
  c. Indonesia.
  d. Nigeria.

Question 2

Natural monopoly exists when
 
  a. marginal costs are less than average costs for all output levels
  b. average costs are less than marginal costs for all output levels
  c. profit is impossible for a private firm
  d. efficient production is impossible for a private firm
  e. none of the above


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prumorgan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Alygatorr01285

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  • Posts: 564
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

jojobee318

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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