A monopolist always earns an economic profit. a. True b. False Indicate whether the statement is ...

Author Question: A monopolist always earns an economic profit. a. True b. False Indicate whether the statement is ... (Read 70 times)

azncindy619

Hero Member
Posts: 562

on: Jun 30, 2018

A monopolist always earns an economic profit.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Consumer equilibrium requires that the marginal utility per dollar spent be unequal for all goods.
a. True
b. False
Indicate whether the statement is true or false

Laurenleakan

Sr. Member
Posts: 309

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

False

Need homework help now?

Ask unlimited questions for free

Ask a Question

azncindy619

Hero Member
Posts: 562

Reply #2 on: Jun 30, 2018

Correct answers!

Laurenleakan

Sr. Member
Posts: 309

Reply #3 on: Jun 30, 2018

Great! Please up vote

« previous next »

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

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

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

The Sun in false-color ultraviolet image

False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth.

Indicators of Economic Development

Economic Development

economic question

Author Question: A monopolist always earns an economic profit. a. True b. False Indicate whether the statement is ... (Read 70 times)

Related Topics

Need homework help now?