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 268 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?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Indian wild boar (Sus scrofa cristatus) at Ranthambore National Park Indian wild boar (Sus scrofa cristatus) at Ranthambore National Park
Indian leopard (Panthera pardus fusca) Indian leopard (Panthera pardus fusca)
Indian paper wasp (Ropalidia) colony with eggs Indian paper wasp (Ropalidia) colony with eggs
Small intestine. Small intestine.
When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Instruct the patient to use an applicator to apply a small amount of stool in the appropriate boxes ... Instruct the patient to use an applicator to apply a small amount of stool in the appropriate boxes ...
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library