« previous next »

Author Question: A natural monopoly is likely to arise when: a. the government restricts entry through licensing. b. ... (Read 101 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?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Three principle forms of natural selection: (a) stabilizing selection, (b) directional selection, an Three principle forms of natural selection: (a) stabilizing selection, (b) directional selection, an
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
The four routes of entry into the human body for hazardous materials. The four routes of entry into the human body for hazardous materials.
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
American Government: Roots and Reform, AP* Edition, 12th Edition American Government: Roots and Reform, AP* Edition, 12th Edition
The consequences of the intensity of natural selection on allele frequency. The consequences of the intensity of natural selection on allele frequency.
Video: Digestive System Animation

For a complete list of videos, visit our video library