« previous next »

Author Question: In the long run, a monopoly's a. economic profits are zero b. economic profits are negative c. ... (Read 132 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jul 1, 2018
In the long run, a monopoly's
 a. economic profits are zero
 b. economic profits are negative
  c. economic profits are positive
  d. demand is perfectly inelastic

Question 2

The winners curse is more often associated with;
 a. oral auctions
 b. second-price auctions
 c. first-price sealed bid auctions
  d. common value auctions


ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

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?

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?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Cellular changes associated with short-term and long-term memory in the sea slug. Cellular changes associated with short-term and long-term memory in the sea slug.
Negative feedback control of the female reproductive hormones Negative feedback control of the female reproductive hormones
Nonverbal communications convey strong, powerful messages that may be negative or positive. Nonverbal communications convey strong, powerful messages that may be negative or positive.
Control of Homeostasis: Negative Feedback Control of Homeostasis: Negative Feedback
economic economic
Contributions to political parties , by economic sector 2020 Contributions to political parties , by economic sector 2020
Video: Genetics of Cancer

For a complete list of videos, visit our video library