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

Author Question: If the regulator require a natural monopoly set its price equal to its marginal cost, that would ... (Read 97 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
If the regulator require a natural monopoly set its price equal to its marginal cost, that would ensure
 
  A) an economic profit for the firm.
  B) zero economic profit for the firm.
  C) an economic loss for the firm.
  D) an accounting loss for the firms.

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 external benefit is
 
  A) zero.
  B) 5,000.
  C) 4,000.
  D) 8,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


ss2343

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 29, 2018
Thank you :)


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Evolutionary adaptation to a new environment via natural selection. Evolutionary adaptation to a new environment via natural selection.
Examples of the results of sexual selection, a type of natural selection. Examples of the results of sexual selection, a type of natural selection.
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
This CNG pump is capable of supplying compressed natural gas at either 3,000 PSI or 3,600 PSI. The ... This CNG pump is capable of supplying compressed natural gas at either 3,000 PSI or 3,600 PSI. The ...
Natural plant sources of pharmaceutical Natural plant sources of pharmaceutical
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library