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

Author Question: You live in a small town and there is only one Indian restaurant in a town. The next Indian ... (Read 401 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: May 25, 2020
You live in a small town and there is only one Indian restaurant in a town. The next Indian restaurant is 30 miles away. Is this Indian restaurant a monopoly?
◦ Yes, because the demand curve facing the Indian restaurant is downward sloping.
◦ No, because there are Indian restaurants in other towns.
◦ No, because there are close substitutes for the Indian restaurant such as other restaurants in town and Indian food sold in the local supermarket.
◦ Yes, because it is the only Indian restaurant in the town.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by karlynnae on May 25, 2020

aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: May 25, 2020
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.
Answer Preview
Only 55% of students answer this correctly


Gfyh

  • Newbie
  • *
  • Posts: 1
Reply #2 on: May 29, 2022
Thank you


« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

The Asiatic lion, whose habitat once ranged from the Mediterranean to north-west Indian subcontinent The Asiatic lion, whose habitat once ranged from the Mediterranean to north-west Indian subcontinent
Small nuclear RNAs (snRNA), 100-200 bp in length, form part of the splicing mechanisms to process mR Small nuclear RNAs (snRNA), 100-200 bp in length, form part of the splicing mechanisms to process mR
Small Town USA: Struggling to Survive Small Town USA: Struggling to Survive
A dual turbocharger system installed on a small block Chevrolet V-8 engine. A dual turbocharger system installed on a small block Chevrolet V-8 engine.
Live is Life - Opus Live is Life - Opus
Endocytosis: Absorption Methods in the Small Intestine Endocytosis: Absorption Methods in the Small Intestine
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library