« previous next »

Author Question: There are several types of barriers to entry that can create a monopoly. Which of the following ... (Read 223 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 average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Micrographs of nerve cells taken with different types of light microscopes. Micrographs of nerve cells taken with different types of light microscopes.
The appearance of different types of tissues-muscle, epithelial, nervous, connective-and their locat The appearance of different types of tissues-muscle, epithelial, nervous, connective-and their locat
The four routes of entry into the human body for hazardous materials. The four routes of entry into the human body for hazardous materials.
Three Types of Muscular Tissue Three Types of Muscular Tissue
Main Types of Dietary Lipids Main Types of Dietary Lipids
Time-of-entry mapping Time-of-entry mapping
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library