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

Author Question: Over the long run, monopolies can earn A) economic profit. B) normal profit only. C) accounting ... (Read 88 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Over the long run, monopolies can earn
 A) economic profit.
  B) normal profit only.
  C) accounting profit only.
  D) no economic profit.

Question 2

Monopolies exist due to
 A) patents.
  B) government franchises.
  C) cost factors.
  D) all of these choices contribute to the power of a monopoly.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


stock

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Wow, this really help

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

This girl has a long leg cast, which was applied after surgery to correct her clubfoot. This girl has a long leg cast, which was applied after surgery to correct her clubfoot.
Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ... As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ...
Long-Range Forecasts Long-Range Forecasts
Long-wave energy flux is emitted from Earth Long-wave energy flux is emitted from Earth
economic question (having trouble) economic question (having trouble)
Video: Appendicitis Animation

For a complete list of videos, visit our video library