« previous next »

Author Question: Which of the following firms operates in a natural monopoly? a. Telephone company. b. Electric ... (Read 103 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Which of the following firms operates in a natural monopoly?
 a. Telephone company.
  b. Electric company.
  c. Water company.
  d. All of these.

Question 2

The statement as more of a good is consumed, the utility a person derives from each additional unit diminishes is known as the:
 a. water and diamond paradox.
  b. law of diminishing marginal utility.
  c. law of total utility.
  d. marginal-utility-to-price ratio equalization rule.
  e. law of diminishing demand.


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Evolutionary adaptation to a new environment via natural selection. Evolutionary adaptation to a new environment via natural selection.
A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
Choose the telephone unit that offers the features needed in your office. Choose the telephone unit that offers the features needed in your office.
When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
A cutaway view of a typical two-stage turbine electric fuel pump. A cutaway view of a typical two-stage turbine electric fuel pump.
How to find the domain of a natural logarithmic functions (Part 2) How to find the domain of a natural logarithmic functions (Part 2)
Video: Structures that affect circulation - kidneys and blood volume and skeletal muscle pumping

For a complete list of videos, visit our video library