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

Author Question: When a single firm can produce output over the relevant range of demand more efficiently than two or ... (Read 44 times)

cool

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
When a single firm can produce output over the relevant range of demand more efficiently than two or more firms can, because of the existence of economies of scale, we have:
 a. perfect competition.
 b. monopolistic competition.
  c. diseconomies of scale.
 d. a natural monopoly.

Question 2

Which of the following tools of commercial policy yields a revenue to the government?
 a. Quota
  b. Tariff
  c. Export subsidy
  d. Government procurement policy
  e. Health and safety standards


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakeserpa

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


cool

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Single bull elk are vulnerable to predation by wolves. Single bull elk are vulnerable to predation by wolves.
Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith
Cardiac Output Cardiac Output
Energy Resources range from inexhaustible to nonrenewable Energy Resources range from inexhaustible to nonrenewable
Firm handshake Firm handshake
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Acid-base imbalances - respiratory acidosis and alkalosis

For a complete list of videos, visit our video library