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Author Question: People pursue ________ projects in the market and ________ projects in government. A) their own; ... (Read 153 times)

viki

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on: Jun 29, 2018
People pursue ________ projects in the market and ________ projects in government.
 
  A) their own; their own
  B) their own; others'
  C) private; public
  D) individualistic; socialistic

Question 2

Which of the following statements is true?
 
  A) A natural monopoly always arises from government intervention in the market.
  B) An increase in consumer demand can change a natural monopoly into a multi-seller market.
  C) A natural monopoly earns higher profits than a monopolistically competitive firm because it faces an upward sloping market demand curve.
  D) A natural monopoly earns higher profits than a monopolistically competitive firm because it faces a horizontal market demand curve.


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mbcrismon

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

A

Answer to Question 2

B


viki

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Reply 2 on: Jun 29, 2018
Excellent

kjohnson

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

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