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

Author Question: Unregulated monopolies can often make an economic profit in the long run because A) they receive ... (Read 144 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Unregulated monopolies can often make an economic profit in the long run because
 
  A) they receive government subsidies.
  B) they have high costs.
  C) barriers to entry prevent competing firms from entering the market.
  D) the risks of running a monopoly are high.

Question 2

Ernie's Earmuffs produces 200 earmuffs per year at a total cost of 2,000 and 400 of this cost is fixed. What is Ernie's average total cost?
 
  A) 12
  B) 10
  C) 8
  D) 2


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

This girl has a long leg cast, which was applied after surgery to correct her clubfoot. This girl has a long leg cast, which was applied after surgery to correct her clubfoot.
Despite the globe’s vast social change, people all over the world continue to make race a ... Despite the globe’s vast social change, people all over the world continue to make race a ...
Long-Range Forecasts Long-Range Forecasts
Economic Globalization Economic Globalization
Apply the substance to the arm with long, smooth strokes, then cover the arm and abdomen with the ... Apply the substance to the arm with long, smooth strokes, then cover the arm and abdomen with the ...
economic question economic question
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library