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

Author Question: One difficulty associated with average cost pricing regulation of natural monopolies is that firms ... (Read 95 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
on: Jun 30, 2018
One difficulty associated with average cost pricing regulation of natural monopolies is that firms have little or no incentive to minimize production costs.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If Brazil can produce 5 shirts or 4 pounds of beef in a day, and Uruguay can produce 10 shirts or 2 pounds of beef in a day, then Brazil has a comparative advantage in the production of beef.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Jun 30, 2018
Gracias!

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

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).

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

The Grants and natural selection of beak size among the medium ground finch. The Grants and natural selection of beak size among the medium ground finch.
Natural seletion Natural seletion
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Secretion and Regulation of HCl in the Stomach Secretion and Regulation of HCl in the Stomach
Video: Neuron Type Animation

For a complete list of videos, visit our video library