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

Author Question: Easy entry and exit ensure that perfectly competitive firms cannot make a long-run economic profit. ... (Read 135 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 29, 2018
Easy entry and exit ensure that perfectly competitive firms cannot make a long-run economic profit.
 
  Indicate whether the statement is true or false

Question 2

If a marginal cost pricing rule is imposed on the natural monopoly in the figure above, then the price will be
 
  A) 2.
  B) 4.
  C) 5.
  D) 6.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jun 29, 2018
Wow, this really help

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long
Local/long distance cell Signaling Local/long distance cell Signaling
Make a note of the reading on the gauge after the first “puff,” which indicates the first ... Make a note of the reading on the gauge after the first “puff,” which indicates the first ...
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library