« previous next »

Author Question: A natural monopoly is likely to arise when: a. the government restricts entry through licensing. b. ... (Read 95 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
A natural monopoly is likely to arise when:
 a. the government restricts entry through licensing.
 b. patents provide protection of intellectual property.
 c. economies of scale exist over the relevant range of demand.
  d. a firm controls a crucial input to production.

Question 2

According to economists, which of the following acts was partially responsible for the Great Depression of the 1930s?
 a. The Robinson-Patman Act
  b. The National Recovery Act
  c. The Smoot-Hawley Tariff Act
  d. The Sarbanes-Oxley Act
  e. The Sherman Antitrust Act


robbielu01

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Natural Capital Natural Capital
Alexander Fleming photographed in his lab where he observed the natural competition between a fungus Alexander Fleming photographed in his lab where he observed the natural competition between a fungus
Structural similarities between antimetabolites and their natural counterparts Structural similarities between antimetabolites and their natural counterparts
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
Natural Products Used as Antineoplastic Therapy Natural Products Used as Antineoplastic Therapy
Type of entry grade 1 Type of entry grade 1
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library