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

Author Question: Sam Edison obtains a patent on his new invention: trinoculars. In the long run, a. he can earn only ... (Read 76 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Sam Edison obtains a patent on his new invention: trinoculars. In the long run,
 a. he can earn only a normal profit
  b. he may suffer an economic loss and stop producing
  c. his monopoly power guarantees him a positive economic profit
  d. he will achieve productive efficiency
  e. he will achieve allocative efficiency

Question 2

Price discrimination that substantially lessens competition is prohibited by the Clayton Act.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Metfan725

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Long-Term Potentiation Long-Term Potentiation
Associative Long-Term Potentiation Associative Long-Term Potentiation
Beaker with ibex, dogs, and long-necked birds, from southwest Iran. Beaker with ibex, dogs, and long-necked birds, from southwest Iran.
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
The Hotair long noncoding RNA regulates chromatin The Hotair long noncoding RNA regulates chromatin
Experiments showing that long- or short-day plants flower in response to night length. Each horizont Experiments showing that long- or short-day plants flower in response to night length. Each horizont
Video: Introduction to Diabetes

For a complete list of videos, visit our video library