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Author Question: For a natural monopoly, long-run average costs A) fall as output increases. B) rise as output ... (Read 136 times)

cnetterville

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on: Jun 29, 2018
For a natural monopoly, long-run average costs
 
  A) fall as output increases.
  B) rise as output increases.
  C) fall as output falls.
  D) rise as output falls.

Question 2

Which of the following could best be categorized as a public good?
 
  A) an apartment in a public housing project
  B) a pumpkin pie
  C) public fireworks
  D) a race track


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pratush dev

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


cnetterville

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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