« previous next »

Author Question: Which of the following is not a criticism sometimes leveled at monopolies? a. A monopoly promotes ... (Read 645 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
Which of the following is not a criticism sometimes leveled at monopolies?
 a. A monopoly promotes inefficiency.
 b. A monopoly creates a welfare loss.
 c. A monopoly retards innovation.
 d. A monopoly leads to improved economies of scale in production.

Question 2

Which of the following tools of commercial policy acts as a quantitative restriction on imports?
 a. Tariff
  b. Subsidy
  c. Health and Safety regulations
  d. Quota
  e. Government procurement


millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

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 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

The epidermal growth factor (EGF) pathway that promotes cell division The epidermal growth factor (EGF) pathway that promotes cell division
General features of a growth factor or hormone signalling pathway that promotes cell division General features of a growth factor or hormone signalling pathway that promotes cell division
Insulin promotes the transport of glucose across plasma membranes. Insulin promotes the transport of glucose across plasma membranes.
Countercurrent heat exchange in dolphin flippers promotes conservation of body heat. Countercurrent heat exchange in dolphin flippers promotes conservation of body heat.
In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin
Massage promotes proper growth and development of infants. Massage promotes proper growth and development of infants.
Video: Appendicitis Animation

For a complete list of videos, visit our video library