« previous next »

Author Question: The monopoly supply curve is the A) same as the competitive market supply curve. B) portion of ... (Read 97 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
The monopoly supply curve is the
 
  A) same as the competitive market supply curve.
  B) portion of marginal costs curve where marginal costs exceed the minimum value of average variable costs.
  C) result of market power and production costs.
  D) none of the above

Question 2

When negative network externalities are present
 
  A) the demand curve is more elastic than otherwise.
  B) the demand curve is less elastic than otherwise.
  C) the demand curve shifts to the right.
  D) the demand curve shifts to the left.


ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

EAugust

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jul 1, 2018
Correct answers!


ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

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?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

The titration curve of the buffer acetic acid (CH3COOH) The titration curve of the buffer acetic acid (CH3COOH)
Connect a fused jumper wire to supply 12 volts to terminal 86 and a ground to terminal 85 of the ... Connect a fused jumper wire to supply 12 volts to terminal 86 and a ground to terminal 85 of the ...
Bacteria growth curve Bacteria growth curve
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Competitive firms and maximization Competitive firms and maximization
Tubular portion of one nephron, cutaway view. The tubule starts at Bowman’s capsule. Tubular portion of one nephron, cutaway view. The tubule starts at Bowman’s capsule.
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library