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Author Question: Which of the following is most likely the most beneficial form of monopoly advantage? A) better ... (Read 51 times)

melina_rosy

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Which of the following is most likely the most beneficial form of monopoly advantage?
 
  A) better production methods
  B) input hoarding
  C) decreasing returns to scale
  D) government protection

Question 2

Suppose that once a well is dug, water flows out of it continuously without any additional effort. Customers collect their water and pay a per gallon fee when they leave the site of the well. In the short run, the competitive firm in this market
 
  A) has no variable costs.
  B) has no fixed costs.
  C) will shut down.
  D) can produce water at no cost.


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jazzlynnnnn

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melina_rosy

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Reply 2 on: Jul 1, 2018
Gracias!


jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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