« previous next »

Author Question: A cartel's marginal cost curve is the a. highest of all the individual firms' marginal cost curves ... (Read 176 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
A cartel's marginal cost curve is the
 a. highest of all the individual firms' marginal cost curves
  b. lowest of all the individual firms' marginal cost curves
  c. horizontal sum of all the individual firms' marginal cost curves
  d. average of all the individual firms' marginal cost curves
  e. product of all the individual firms' marginal cost curves

Question 2

Public goods legislation involves
 a. widespread benefits and concentrated costs
  b. widespread benefits and widespread costs
  c. concentrated benefits and widespread costs
  d. concentrated benefits and costs
  e. regulating natural monopolies to avoid price gouging


yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ec501234

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Jun 30, 2018
Thank you


yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

The human oxygen-hemoglobin dissociation curve. The human oxygen-hemoglobin dissociation curve.
Jean Piaget influenced the field of developmental science more than any other individual. Jean Piaget influenced the field of developmental science more than any other individual.
What are the highest virtues? What are the highest virtues?
Although the highest rates of disordered eating patterns occur among females, males are not immune Although the highest rates of disordered eating patterns occur among females, males are not immune
Economic objectives of firms Economic objectives of firms
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library