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

Author Question: If the government wishes to provide a natural monopolist with a fair rate of return, it will force ... (Read 96 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
If the government wishes to provide a natural monopolist with a fair rate of return, it will force the firm to set
 a. P = MC
  b. P = AC
  c. P = MR
  d. P = AVC
  e. MR = MC

Question 2

If the loss-minimizing output for a perfectly competitive firm is zero, then, at all other output levels,
 a. price must be greater than average variable cost
  b. the marginal cost curve must slope downward
  c. marginal cost is less than marginal revenue
  d. total revenue is less than total variable cost
  e. total revenue is less than average variable cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cam1229

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Excellent

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

The Grants and natural selection of beak size among the medium ground finch. The Grants and natural selection of beak size among the medium ground finch.
Invasive species provide an example of predator pressure. Invasive species provide an example of predator pressure.
GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower
When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
When both sides of the back have been massaged, redrape the back. With light to moderate force, use ... When both sides of the back have been massaged, redrape the back. With light to moderate force, use ...
Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library