« previous next »

Author Question: The average cost curve for a natural monopoly is downward sloping where it intersects the market ... (Read 190 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
The average cost curve for a natural monopoly is downward sloping where it intersects the market demand curve.
 a. True
  b. False

Question 2

Average revenue for a perfectly competitive firm is equal to
 a. price times output
  b. marginal revenue
  c. total revenue/marginal revenue
  d. output/total revenue
  e. zero


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

j.rubin

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 30, 2018
Thank you :)


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Natural abundance of Mercury Natural abundance of Mercury
Should we restore YellowstoneNationalPark, as our flagship National Park, to include the natural ... Should we restore YellowstoneNationalPark, as our flagship National Park, to include the natural ...
Cat paw mobilizing of shoulders toward the feet. Press downward along upper trapezius muscle from ... Cat paw mobilizing of shoulders toward the feet. Press downward along upper trapezius muscle from ...
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
The average percentages by polygraph exams The average percentages by polygraph exams
Average quarterly presidential approval rating, from Eisenhower to Trump Average quarterly presidential approval rating, from Eisenhower to Trump
Video: Factors that influence muscle tension - Sarcomere length and force, understretched and overstretched

For a complete list of videos, visit our video library