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Author Question: In the above table, the relationship between x and y is ________ and, with y measured on the ... (Read 61 times)

ishan

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on: Jun 29, 2018
In the above table, the relationship between x and y is ________ and, with y measured on the vertical axis, the slope between y = 5 and y = 8 is equal to ________.
 
  A) negative; 8
  B) negative; 6
  C) positive; 5
  D) positive; 3

Question 2

Which of the following statements is TRUE?
 
  A) All monopolists are perfect price discriminators.
  B) All monopolists earn short-run economic profits.
  C) A monopolist will leave the market if it incurs an economic loss in the long run.
  D) A monopolist does not need barriers to entry to sustain a long-run economic profit.


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joshraies

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


ishan

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

blakcmamba

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Reply 3 on: Yesterday
Excellent

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