This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Sam Edison obtains a patent on his new invention: trinoculars. In the long run, a. he can earn only ... (Read 121 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Sam Edison obtains a patent on his new invention: trinoculars. In the long run,
 a. he can earn only a normal profit
  b. he may suffer an economic loss and stop producing
  c. his monopoly power guarantees him a positive economic profit
  d. he will achieve productive efficiency
  e. he will achieve allocative efficiency

Question 2

Price discrimination that substantially lessens competition is prohibited by the Clayton Act.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Metfan725

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually
Endochondral ossification of long bone. Endochondral ossification of long bone.
Apply long effleurage stroke to entire arm-hand to shoulder. Brush off from shoulder to hand to ... Apply long effleurage stroke to entire arm-hand to shoulder. Brush off from shoulder to hand to ...
Human activity has released carbon from sequestration in long-term reservoirs Human activity has released carbon from sequestration in long-term reservoirs
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library