« previous next »

Author Question: The monopoly supply curve is the A) same as the competitive market supply curve. B) portion of ... (Read 102 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
The monopoly supply curve is the
 
  A) same as the competitive market supply curve.
  B) portion of marginal costs curve where marginal costs exceed the minimum value of average variable costs.
  C) result of market power and production costs.
  D) none of the above

Question 2

When negative network externalities are present
 
  A) the demand curve is more elastic than otherwise.
  B) the demand curve is less elastic than otherwise.
  C) the demand curve shifts to the right.
  D) the demand curve shifts to the left.


ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

EAugust

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jul 1, 2018
Correct answers!


ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

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?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

An inguinal hernia. A portion of the small intestine is protruding through the abdominal muscles int An inguinal hernia. A portion of the small intestine is protruding through the abdominal muscles int
Non-competitive inhibition Non-competitive inhibition
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Main Hall, Trajan's Market Main Hall, Trajan's Market
Portion Sizes Who says you shouldn’t eat with your hands? Portion Sizes Who says you shouldn’t eat with your hands?
The original Supply and Demand graph The original Supply and Demand graph
Video: Neurotransmission at chemical synapses & Excitory and inhibitory potentials

For a complete list of videos, visit our video library