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 36 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
YES! Correct, THANKS for helping me on my review

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Range of Motion of the Elbow Joint, Supination, Pronation Range of Motion of the Elbow Joint, Supination, Pronation
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
How to find the domain and range of the trigonometric function, sine, cosine, and tangent How to find the domain and range of the trigonometric function, sine, cosine, and tangent
Solar output Solar output
A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe
(a) Monozygotic (MZ) twins result from the fertilization of a single egg by a single sperm. After on (a) Monozygotic (MZ) twins result from the fertilization of a single egg by a single sperm. After on
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library