This topic contains a solution. Click here to go to the answer

Author Question: Which is the best example of specialization? A) a high school math teacher who teaches only ... (Read 135 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
Which is the best example of specialization?
 
  A) a high school math teacher who teaches only calculus
  B) a firm that produces both luggage and cooking oil
  C) a person whose job includes accounting, personnel, and maintenance tasks
  D) a high school math teacher who teaches algebra and calculus

Question 2

If government regulators make the natural monopolist set price equal to marginal cost
 
  A) the natural monopolist will make zero economic profits.
  B) the natural monopolist will make normal profits.
  C) the natural monopolist will make losses and go out of business.
  D) the natural monopolist will make positive economic profits larger than if it wasn't regulated at all.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ecox1012

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

C




MirandaLo

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Excellent


sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library