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Author Question: Describe what took place during the Industrial Revolution. What will be an ideal ... (Read 54 times)

berenicecastro

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on: Jun 29, 2018
Describe what took place during the Industrial Revolution.
 
  What will be an ideal response?

Question 2

The figure above provides information about Light-U-Up Utilities, which is a natural monopoly that provides electricity. What is the area of deadweight loss when Light-U-Up is regulated and follows a marginal cost pricing rule?
 
  A) abd
  B) acg
  C) deg
  D) There is no deadweight loss.


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fatboyy09

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

The Industrial Revolution refers to the period in England during the late eighteenth and early nineteenth centuries in which new manufacturing technologies and improved transportation gave rise to the modern factory system and a massive movement of the population from the countryside to the cities.

Answer to Question 2

D


berenicecastro

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

peter

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Reply 3 on: Yesterday
Excellent

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