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

Author Question: Without any regulation, the natural monopolist will A) not produce any output. B) produce to the ... (Read 125 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Without any regulation, the natural monopolist will
 
  A) not produce any output.
  B) produce to the point at which P = ATC.
  C) produce less output than it would if the industry was purely competitive.
  D) have an upward-shifting average cost curve.

Question 2

Positive analysis can be described as
 
  A) the study of whether people respond to positive incentives.
  B) the study of whether people respond to negative incentives.
  C) a value-free approach to inquiry.
  D) a study that is not tested empirically.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AaaA

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Davideckstein7

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Wow, this really help

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Four different spindle attachments produce four second-division segregation patterns Four different spindle attachments produce four second-division segregation patterns
Natural seletion Natural seletion
Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ... Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ...
Regulation of HMG-CoA reductase by ubiquitinmediated proteolysis Regulation of HMG-CoA reductase by ubiquitinmediated proteolysis
The impact of climate change on natural ecosystems The impact of climate change on natural ecosystems
Renal regulation of sodium and potassium balance Renal regulation of sodium and potassium balance
Video: Energy Flow - Trophic Levels and Food

For a complete list of videos, visit our video library