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 95 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
Great answer, keep it coming :)

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The average adult has about 21 square feet of skin.

Terrestrial plants and animals can be characterized by analogous pathways for water gain and loss. Terrestrial plants and animals can be characterized by analogous pathways for water gain and loss.
Rivers Are a Product of Their Watersheds Rivers Are a Product of Their Watersheds
Patent medicines contained a name brand that clearly identified the product and claimed to cure just ... Patent medicines contained a name brand that clearly identified the product and claimed to cure just ...
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Video: Regulation of GFR: three methods, autoregulation & autoregulation via myogenic mechanism

For a complete list of videos, visit our video library