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

Author Question: A legal monopoly is defined as a market where A) only one lawyer operates. B) a legal barrier to ... (Read 117 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
A legal monopoly is defined as a market where
 
  A) only one lawyer operates.
  B) a legal barrier to entry exists.
  C) only one firm could earn a profit.
  D) entry and exit are legal.

Question 2

The demand curve for labor shows how many hours workers demand to work.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

FALSE




FButt

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Excellent


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

For a complete list of videos, visit our video library