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

Author Question: What is the drawback of forcing a natural monopolist to use a marginal cost pricing rule? A) No ... (Read 134 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
What is the drawback of forcing a natural monopolist to use a marginal cost pricing rule?
 
  A) No deadweight loss is eliminated.
  B) The firm will incur an economic loss.
  C) The gain in consumer surplus will be less than the loss in producer surplus, thus creating additional deadweight loss.
  D) None of the above answers is correct.

Question 2

The table above shows the marginal costs and marginal benefits of college education. If the market for college education is perfectly competitive and unregulated, at the equilibrium quantity, the marginal social benefit is
 
  A) zero.
  B) 14,000.
  C) 19,000.
  D) 16,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


skymedlock

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
:D TYSM

chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

The Grants and natural selection of beak size among the medium ground finch. The Grants and natural selection of beak size among the medium ground finch.
Natural Settings Natural Settings
Stages of Natural Birth "مراحل الولادة الطبيعية" Stages of Natural Birth "مراحل الولادة الطبيعية"
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
Cost of Laptops Cost of Laptops
Natural community in the antelope Valley Natural community in the antelope Valley
Video: Smoking Cessation

For a complete list of videos, visit our video library