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

Author Question: A market in which a firm emerges as a monopoly due to large economies of scale is referred to as: ... (Read 174 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


tsand2

  • Member
  • Posts: 520
Reply 2 on: Jun 29, 2018
Wow, this really help

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Everyone has one nostril that is larger than the other.

Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o
Large Tortoiseshell Large Tortoiseshell
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Growth in Closed Economies Growth in Closed Economies
A taproot system consists of a large main root together with its lateral branchings A taproot system consists of a large main root together with its lateral branchings
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library