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

Author Question: In a monopoly a. the industry has high barriers to entry b. the industry has high barriers to exit ... (Read 128 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jul 1, 2018
In a monopoly
 a. the industry has high barriers to entry
 b. the industry has high barriers to exit
 c. the industry has high barriers to entry and exit
  d. the industry has no barriers to entry or exit

Question 2

In common value auctions
 a. Every bidder know the value of the object being sold
 b. Each bidder makes the same estimate of the value of the good
  c. All bidders know the estimates of the others
 d. The true value of the item is unknown to bidders


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

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?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30% The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ... Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ...
The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ... The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ...
Industry is responsible for 21% of global greenhouse gas emissions Industry is responsible for 21% of global greenhouse gas emissions
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
Nursing Care Plan Process: Client with High Blood Lipid Levels Nursing Care Plan Process: Client with High Blood Lipid Levels
Video: Definitions of stroke volume, preload definition & Factors influencing stroke volume

For a complete list of videos, visit our video library