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

Author Question: One possible benefit of a monopoly is: a. a more efficient allocation of resources; only one firm ... (Read 191 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
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

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Preschoolers benefit from helping with meal preparation, especially with foods they like Preschoolers benefit from helping with meal preparation, especially with foods they like
Surface Water Resources Surface Water Resources
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
Video: Fractures Animation

For a complete list of videos, visit our video library