This topic contains a solution. Click here to go to the answer

Author Question: A regulated monopoly facing average cost pricing rule will make the same profit as a firm in ... (Read 135 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
A regulated monopoly facing average cost pricing rule will make the same profit as a firm in ________ market does in the long run.
 
  A) an unregulated monopoly
  B) an oligopoly
  C) a perfectly competitive
  D) All of the above answers are correct.

Question 2

You are studying with a friend and your friend says A budget line shows the various combinations of two goods that can be purchased with the buyer's income at current prices. Is your friend's assessment correct or not?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

peter

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

C

Answer to Question 2

Your friend's description of the budget line is accurate.




Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Excellent


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

For a complete list of videos, visit our video library