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Author Question: A market in which a firm emerges as a monopoly due to large economies of scale is referred to as: ... (Read 178 times)

tsand2

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on: Jun 29, 2018
A market in which a firm emerges as a monopoly due to large economies of scale is referred to as:
 
  A) a natural monopoly.
  B) a regulated monopoly.
  C) a legal monopoly.
  D) an exclusive monopoly.

Question 2

Refer to the scenario above. Suppose the decision to levy a tax on emission of greenhouse gases costs 500 utils in present value and that the discount weight attached to the future benefit is 1/17.
 
  In this case, the net benefit earned by the people is: A) -300 utils.
  B) -441.18 utils.
  C) 333.65 utils.
  D) 420 utils.


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meltdown117

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

A

Answer to Question 2

B


tsand2

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Reply 2 on: Jun 29, 2018
Excellent

dreamfighter72

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

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