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

Author Question: A monopolized market is characterized by: a. a sole seller of a product for which there are few ... (Read 87 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
A monopolized market is characterized by:
 a. a sole seller of a product for which there are few suitable substitutes.
  b. very strong barriers to entry.
  c. a single firm facing the market demand curve.
  d. all of these.

Question 2

Marginal utility is best computed as the ratio of:
 a. total utility to change in quantity consumed.
  b. the change in total utility to total quantity consumed.
  c. total quantity consumed to total utility.
  d. the change in total utility to change in quantity consumed.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Pineapplelove6

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin
To find the derivative use product rule To find the derivative use product rule
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
The phenotype of an organism is the product of interactions The phenotype of an organism is the product of interactions
Video: Power Supply Polyacrylamide Gel Protein Sample

For a complete list of videos, visit our video library