« previous next »

Author Question: There are several types of barriers to entry that can create a monopoly. Which of the following ... (Read 238 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
on: Jun 29, 2018
There are several types of barriers to entry that can create a monopoly. Which of the following barriers is the result of government action?
 
  A) public franchise B) control of a key resource
  C) economies of scale D) network externalities

Question 2

Refer to Figure 13-8. Based on the diagram, one can conclude that
 
  A) some existing firms will exit the market. B) the industry is in long-run equilibrium.
  C) new firms will enter the market. D) firms achieve productive efficiency.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Types of muscle tissue. Types of muscle tissue.
(A–B) Two types of canes. (A–B) Two types of canes.
The two types of neural migration: radial migration and tangential migration. The two types of neural migration: radial migration and tangential migration.
Types of Folds Types of Folds
Types of Blast Injuries (Part 1 of 2) Types of Blast Injuries (Part 1 of 2)
Results of mixing blood of the same or differing ABO blood types Results of mixing blood of the same or differing ABO blood types
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library