This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The more inelastic the demand curve, a monopoly A) will have a smaller Lerner Index. B) will ... (Read 26 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
The more inelastic the demand curve, a monopoly
 
  A) will have a smaller Lerner Index.
  B) will face a lower marginal cost.
  C) will earn less profit.
  D) will lose fewer sales as it raises its price.

Question 2

Insurance companies do NOT offer fair insurance because
 
  A) they are run by greedy capitalists.
  B) they could not stay in business.
  C) they cannot diversify their risks.
  D) they are risk-avoiding.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Excellent

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Body mass index table. Body mass index table.
Apply L stroke on terminus. Place your index and middle fingers on the left and right terminus; ... Apply L stroke on terminus. Place your index and middle fingers on the left and right terminus; ...
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
Video: Sperm Formation

For a complete list of videos, visit our video library