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

Author Question: In the short run, a monopolist: a. always earns an economic profit. b. never earns an economic ... (Read 241 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Jun 30, 2018
Thank you :)


jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
economic question economic question
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library