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 87 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

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

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?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Long-Term Potentiation Long-Term Potentiation
Varieties of Long-Term Memory Varieties of Long-Term Memory
When young infants hold objects for a long period of time they eventually become habituated to them. When young infants hold objects for a long period of time they eventually become habituated to them.
As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ... As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ...
Brush off front to finish. Long brushing strokes from head to feet to finish. Brush off front to finish. Long brushing strokes from head to feet to finish.
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: Bond in biological molecules (Ionic, Covalent and Hydrogen bonds)/ How atoms bond?

For a complete list of videos, visit our video library