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

Author Question: Which of the following would most likely be provided by a natural monopoly? A) Michigan Radio is ... (Read 54 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
Which of the following would most likely be provided by a natural monopoly?
 
  A) Michigan Radio is the state's most listened-to public radio service.
  B) Sirius Satellite Radio is accessed through a subscription.
  C) X96 is an alternative radio station out of Salt Lake City.
  D) a Mariah Carey CD

Question 2

In monopolistic competition, in the long run firms have
 
  A) a capacity shortage.
  B) excess capacity.
  C) an economic profit.
  D) an economic loss.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aburgess

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

B

Answer to Question 2

B




j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
:D TYSM


mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

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

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library