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

Author Question: Without any regulation, the natural monopolist will A) not produce any output. B) produce to the ... (Read 133 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
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
Answer to Question 1

C

Answer to Question 2

C




Davideckstein7

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library