Costs in a natural monopoly are lower because there is only one ...

[melly21297]

Costs in a natural monopoly are lower because there is only one producer.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The law of diminishing marginal utility implies that the marginal utility of my fifth hot dog is less than the marginal utility of my second soda, other things constant.
 a. True
  b. False
  Indicate whether the statement is true or false

[ladyjames123]

Answer to Question 1

True

Answer to Question 2

False

[melly21297]

Excellent

[tranoy]

Thanks for the timely response, appreciate it