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Author Question: If the government regulates a natural monopoly by forcing the firm to set price equal to marginal ... (Read 83 times)

kamilo84

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on: Jul 1, 2018
If the government regulates a natural monopoly by forcing the firm to set price equal to marginal cost,
 
  A) the firm will earn a negative economic profit.
  B) the firm will earn zero economic profit.
  C) the firm will earn a fair economic profit.
  D) the firm will earn a positive and large economic profit.

Question 2

Downward sloping long-run supply curves occur in markets
 
  A) with learning-by-doing.
  B) with increasing returns to scale.
  C) with constant returns to scale.
  D) Either A or B
Microeconomics ¦ Perloff ¦ 8th Edition
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steff9894

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kamilo84

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

ashely1112

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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