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

Author Question: In the above figure, which of the following statements is FALSE if the firm is operating at output ... (Read 62 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
on: Jun 29, 2018
In the above figure, which of the following statements is FALSE if the firm is operating at output level Q2?
 
  A) The output is equivalent to an unregulated monopolist.
  B) Economic profits are positive.
  C) The price is lower than at an equivalent firm forced by regulators to charge ATC pricing.
  D) Average costs would be lowered by expanding output.

Question 2

Whenever a society forgoes current consumption to invest in capital goods,
 
  A) it will have less to consume next year.
  B) it will be easier for that society to consume less in the future because people will become accustomed to less.
  C) that society can consume more in the future.
  D) it will be forced to produce fewer capital goods in the future.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


plus1

  • Member
  • Posts: 676
Reply 2 on: Jun 29, 2018
Gracias!

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
False Solomons Seal False Solomons Seal
Cardiac Output Cardiac Output
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
American women operating machine lathes in a munitions factory. American women operating machine lathes in a munitions factory.
MAP sensors use three wires: 1.5 volt reference from the PCM 2. Sensor signal (output signal) 3. ... MAP sensors use three wires: 1.5 volt reference from the PCM 2. Sensor signal (output signal) 3. ...
Video: Frequency of stimulation and force (Recruitment of motor units and force)

For a complete list of videos, visit our video library