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

Author Question: A natural monopoly is most likely to occur in which of the following industries? A) the ... (Read 81 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
A natural monopoly is most likely to occur in which of the following industries?
 
  A) the pharmaceutical industry because the development and approval of new drugs through the Food and Drug Administration can take more than 10 years
  B) the software industry because of the importance of network externalities
  C) an industry where fixed costs are very large relative to variable costs
  D) the diamond mining and marketing industry because one firm can control a key resource

Question 2

In an oligopoly, minimum efficient scale is likely to occur at a level of output that is a large fraction of industry sales.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momo1250

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


jlmhmf

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Gracias!

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

A cross of sweet peas showing that independent assortment does not always occur A cross of sweet peas showing that independent assortment does not always occur
Alexander Fleming photographed in his lab where he observed the natural competition between a fungus Alexander Fleming photographed in his lab where he observed the natural competition between a fungus
Natural Hazards Natural Hazards
Evolution and Natural selection shapes organisms and diversity Evolution and Natural selection shapes organisms and diversity
Natural selection acts on genetic variation Natural selection acts on genetic variation
Natural community in the antelope Valley Natural community in the antelope Valley
Video: Knee Animation

For a complete list of videos, visit our video library