« previous next »

Author Question: The average cost curve for a natural monopoly is downward sloping where it intersects the market ... (Read 194 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
The average cost curve for a natural monopoly is downward sloping where it intersects the market demand curve.
 a. True
  b. False

Question 2

Average revenue for a perfectly competitive firm is equal to
 a. price times output
  b. marginal revenue
  c. total revenue/marginal revenue
  d. output/total revenue
  e. zero


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

j.rubin

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 30, 2018
Thank you :)


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Average Chemical Composition of the Geosphere Crust Average Chemical Composition of the Geosphere Crust
Average Global Temperature during the Phanerozoic Average Global Temperature during the Phanerozoic
Natural plant sources of pharmaceutical Natural plant sources of pharmaceutical
J or U dose-response curve J or U dose-response curve
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library