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Author Question: If the government grants a firm a public franchise to supply coal, a monopoly is created by A) a ... (Read 246 times)

dalyningkenk

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on: Jun 29, 2018
If the government grants a firm a public franchise to supply coal, a monopoly is created by
 
  A) a natural barrier to entry.
  B) a legal barrier to entry.
  C) price discrimination.
  D) All of the above answers are correct.

Question 2

The above table gives techniques that Fatz Confectionery can use to produce 2,000 pounds of candy. Which technique is technology inefficient?
 
  A) A
  B) B
  C) C
  D) D


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l.stuut

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

B

Answer to Question 2

B


dalyningkenk

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  • Posts: 598
Reply 2 on: Jun 29, 2018
Excellent

amcvicar

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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