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Author Question: The figure shows the market for the tourist trolley service in a resort town. These trolley services ... (Read 90 times)

beccaep

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on: May 24, 2019



The figure shows the market for the tourist trolley service in a resort town.  These trolley services provide transportation to tourists to alleviate parking shortages and traffic congestion.  The figure shows
◦ a natural monopoly where the efficient scale is 100 riders per day.
◦ a natural duopoly where the efficient scale is 200 riders per day.
◦ a natural duopoly where the efficient scale is 100 riders per day.
◦ an oligopoly where 3 competing firms achieve minimum cost.
◦ an oligopoly where 3 competing firms create excess capacity.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by beccaep on May 24, 2019

yeungji

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Reply #1 on: May 24, 2019
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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beccaep

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Reply 2 on: May 24, 2019
Excellent

bigcheese9

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

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