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

Author Question: A natural monopoly has a. constant average costs cost over the relevant range of output. b. ... (Read 102 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
A natural monopoly has
 a. constant average costs cost over the relevant range of output.
  b. economies of scale over the relevant range of output.
 c. constant returns to scale over the relevant range of output.
  d. diseconomies of scale over the relevant range of output.

Question 2

Preferential trade agreements have a beneficial trade-diversion effect when they reduce prices for traded goods and stimulate the volume of international trade.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Liddy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


123654777

  • Member
  • Posts: 585
Reply 2 on: Jun 30, 2018
Gracias!

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
All computer systems perform four basic functions: input, processing, storage, and output. All computer systems perform four basic functions: input, processing, storage, and output.
Concentration affects where the precipitin line forms. When 1 reactant is held at a constant ... Concentration affects where the precipitin line forms. When 1 reactant is held at a constant ...
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Benefits and costs of herbicide applications Benefits and costs of herbicide applications
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library