« previous next »

Author Question: Which of the following firms operates in a natural monopoly? a. Telephone company. b. Electric ... (Read 36 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Which of the following firms operates in a natural monopoly?
 a. Telephone company.
  b. Electric company.
  c. Water company.
  d. All of these.

Question 2

The statement as more of a good is consumed, the utility a person derives from each additional unit diminishes is known as the:
 a. water and diamond paradox.
  b. law of diminishing marginal utility.
  c. law of total utility.
  d. marginal-utility-to-price ratio equalization rule.
  e. law of diminishing demand.


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Oil and Natural Gas Production from More Wells in Smaller Areas Oil and Natural Gas Production from More Wells in Smaller Areas
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
Equipment and supplies needed for manual exfoliation using natural substances. Equipment and supplies needed for manual exfoliation using natural substances.
Natural gas is a cleaner fuel than coal Natural gas is a cleaner fuel than coal
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Leukemia

For a complete list of videos, visit our video library