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

Author Question: A natural monopoly that charges the profit-maximizing price will produce ________ amount of output ... (Read 119 times)

viki

  • Hero Member
  • *****
  • Posts: 525
on: Jun 29, 2018
A natural monopoly that charges the profit-maximizing price will produce ________ amount of output than a ________.
 
  A) a larger; natural monopoly regulated with an average cost pricing rule
  B) a more efficient; perfectly competitive industry
  C) the same; natural monopoly regulated with a marginal cost pricing rule
  D) a smaller; natural monopoly regulated with a marginal cost pricing rule

Question 2

In the above table, if the market is perfectly competitive and unregulated, the equilibrium price will be
 
  A) 50 per unit.
  B) 60 per unit.
  C) 70 per unit.
  D) 110 per unit.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


viki

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
Gracias!

vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Natural Capital Natural Capital
Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada
Natural Products Natural Products
All computer systems perform four basic functions: input, processing, storage, and output. All computer systems perform four basic functions: input, processing, storage, and output.
Natural selection acts on genetic variation Natural selection acts on genetic variation
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library