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

Author Question: Ceteris paribus, in which of the following cases would we expect economic profits to be greatest? ... (Read 64 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
Ceteris paribus, in which of the following cases would we expect economic profits to be greatest?
 a. an unregulated monopolist who is able to price discriminate.
 b. an unregulated monopolist who is unable to price discriminate.
 c. a regulated monopolist required to charge a price no greater than marginal cost.
  d. a regulated monopolist required to charge a price no greater than average cost.

Question 2

The gold standard fixes the:
 a. future price of gold in terms of silver.
  b. price of gold in terms of international currencies.
  c. future price of silver in terms of gold.
  d. money supply in terms of paper currency.
  e. past exchange rate and the future exchange rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


fox

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Excellent

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

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?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Economic and Social Development Economic and Social Development
economic question economic question
economic question economic question
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Audiology

For a complete list of videos, visit our video library