This topic contains a solution. Click here to go to the answer

Author Question: One possible benefit of a monopoly is: a. a more efficient allocation of resources; only one firm ... (Read 187 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
One possible benefit of a monopoly is:
 a. a more efficient allocation of resources; only one firm is needed to supply quantity demanded.
  b. greater incentives for research due to long-run positive economic profits.
  c. the government is better able to ensure that it follows laws and guidelines because there is only one firm to monitor.
  d. goods and services are provided at a lower price than under perfect competition because of a monopoly's decreasing average cost curve.

Question 2

The discount rate utilized in public sector budgeting performs the functions of:
 a. allocating funds between the public and private sectors
  b. allocating funds between present consumption and investment (i.e., future consumption)
  c. allocating funds between debt and equity securities
  d. a and b only
  e. none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

b

Answer to Question 2

d




strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

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.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library