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Author Question: One difficulty associated with average cost pricing regulation of natural monopolies is that firms ... (Read 77 times)

Sufayan.ah

  • Hero Member
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  • Posts: 512
on: Jun 30, 2018
One difficulty associated with average cost pricing regulation of natural monopolies is that firms have little or no incentive to minimize production costs.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If Brazil can produce 5 shirts or 4 pounds of beef in a day, and Uruguay can produce 10 shirts or 2 pounds of beef in a day, then Brazil has a comparative advantage in the production of beef.
 a. True
  b. False
  Indicate whether the statement is true or false


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Zebsrer

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

True

Answer to Question 2

True


Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Jun 30, 2018
Excellent

dantucker

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  • Posts: 346
Reply 3 on: Yesterday
Gracias!

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