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

Author Question: A likely cause of a natural monopoly occurring in some industry is (Read 18 times)

blkth103

  • Full Member
  • ***
  • Posts: 156
on: Oct 12, 2022

Question 1

Natural barriers to firms to entering an industry include
◦ increasing-cost production.
◦ control or ownership of the entire supply of an essential raw material.
◦ large economies of scale in the industry.
◦ a government-awarded franchise.
◦ a patent which allows production by only the patent holder.

Question 2

A likely cause of a natural monopoly occurring in some industry is
◦ sabotage.
◦ licenses.
◦ patents.
◦ scale economies.
◦ charters.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by blkth103 on Oct 12, 2022

hvhf4k+549qz8f218jyo@shar

  • Full Member
  • ***
  • Posts: 174
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


blkth103

  • Member
  • Posts: 156
Reply 2 on: Oct 12, 2022
Gracias!

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

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

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
The Acheulean industry is typified by hand axes and cleavers. The Acheulean industry is typified by hand axes and cleavers.
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
Selected Natural Products Selected Natural Products
La Niña: The impact of natural cycles La Niña: The impact of natural cycles
The term “natural,” when used on the packaging of meat and poultry The term “natural,” when used on the packaging of meat and poultry
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library