« previous next »

Author Question: The monopoly supply curve is the A) same as the competitive market supply curve. B) portion of ... (Read 90 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?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

A hiatal hernia or diaphragmatocele. A portion of the stomach protrudes through the diaphragm into t A hiatal hernia or diaphragmatocele. A portion of the stomach protrudes through the diaphragm into t
A coronary artery bypass graft (CABG) is a procedure to bypass a blocked coronary artery. The proced A coronary artery bypass graft (CABG) is a procedure to bypass a blocked coronary artery. The proced
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
What’s a Serving? Eat with Your Hands! Your hands can guide you in estimating portion sizes What’s a Serving? Eat with Your Hands! Your hands can guide you in estimating portion sizes
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Portion of plasmid pV-GMGT04 used to create Roundup-Ready soybeans Portion of plasmid pV-GMGT04 used to create Roundup-Ready soybeans
Video: How proteins function? How do proteins work?

For a complete list of videos, visit our video library