This topic contains a solution. Click here to go to the answer

Author Question: In the short run, a monopolist: a. always earns an economic profit. b. never earns an economic ... (Read 198 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
In the short run, a monopolist:
 a. always earns an economic profit.
  b. never earns an economic profit.
  c. never earns an accounting profit.
  d. None of the above are correct.

Question 2

The total tariff revenue to the government of an imported good is found by adding the tariff to the quantity of the good imported.
 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

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

d

Answer to Question 2

False





 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

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

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library