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

Author Question: Which of the following does NOT cause a rightward shift in the supply curve? A) a reduction in ... (Read 130 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Which of the following does NOT cause a rightward shift in the supply curve?
 
  A) a reduction in resource costs
  B) an increase in technology
  C) a reduction in the price of the good
  D) a reduction in the expected future price of the good

Question 2

Refer to the above figure. Regulators cannot force natural monopolies to operate in the long run at a loss. Therefore, they usually require the firms to charge a price equal to
 
  A) marginal cost, which is P1.
  B) marginal cost, which is P2.
  C) average cost, which is P3.
  D) average cost, which is P4.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Wow, this really help

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Frequency distribution curve: interpatient variability in drug response Frequency distribution curve: interpatient variability in drug response
Ebbinghaus’s forgetting curve Ebbinghaus’s forgetting curve
Bell Curve Joke Bell Curve Joke
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ... Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ...
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
Video: Causes of Acne

For a complete list of videos, visit our video library