An industry is said to be a natural monopoly when:
a. legal barriers limit entry into the market.
b. diseconomies of scale are present in the market.
c. the market demand for the product supplied by a firm is inelastic.
d. long-run average cost continues to decline as the quantity of output increases.
Question 2
I'm tired of eating muffins for breakfast. Today, I'm trying a bagel. These statements most clearly reflect the:
a. law of increasing returns to scale.
b. second law of demand.
c. law of diminishing marginal utility.
d. law of comparative advantage.
Many Natural Resources Can Be Sustained
Entry level nurse competencies
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Example of Index entry with Main Term and indented subterms.
Natural defenses against stomach acid.
Industry is responsible for 21% of global greenhouse gas emissions