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

Author Question: The more inelastic the demand curve, a monopoly A) will have a smaller Lerner Index. B) will ... (Read 14 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
The more inelastic the demand curve, a monopoly
 
  A) will have a smaller Lerner Index.
  B) will face a lower marginal cost.
  C) will earn less profit.
  D) will lose fewer sales as it raises its price.

Question 2

Insurance companies do NOT offer fair insurance because
 
  A) they are run by greedy capitalists.
  B) they could not stay in business.
  C) they cannot diversify their risks.
  D) they are risk-avoiding.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Gracias!

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

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.

Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
Index of seed size and hardiness prior to, during, and after drought. Index of seed size and hardiness prior to, during, and after drought.
Example of the Index to Diseases and Injuries. Example of the Index to Diseases and Injuries.
J or U dose-response curve J or U dose-response curve
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia). Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia).
Video: Electrical changes in the heart

For a complete list of videos, visit our video library