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

Author Question: The attempt to capture consumer surplus, producer surplus, or economic profit is called ________. ... (Read 134 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
The attempt to capture consumer surplus, producer surplus, or economic profit is called ________.
 
  A) a natural monopoly
  B) price discrimination
  C) rent seeking
  D) gouging

Question 2

Based on the above figure, for which of the following levels of output at Ike's Ice Cream Kitchen does the marginal product of labor exceed the average product of labor?
 
  A) at 10 gallons
  B) at 40 gallons
  C) at 70 gallons
  D) all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jointhecircus

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


cookcarl

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
:D TYSM

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

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?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

The upper intake manifold, often called a plenum, attaches to the lower intake manifold. The upper intake manifold, often called a plenum, attaches to the lower intake manifold.
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library