Author Question: In order to implement average cost pricing regulation, it is necessary to provide a natural ... (Read 83 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
In order to implement average cost pricing regulation, it is necessary to provide a natural monopolist with a subsidy equal to the economic loss.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

You decide that it is time to buy a big family car. The opportunity cost you consider is:
 a. the cost of the car.
  b. the increase in comfort for your family while traveling.
  c. the return this money would have earned if it was invested otherwise.
  d. the inconvenience you and your family are bearing on account of your old car.



laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

False

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

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.

For a complete list of videos, visit our video library