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

Author Question: A likely cause of a natural monopoly occurring in some industry is (Read 38 times)

blkth103

  • Full Member
  • ***
  • Posts: 156
on: Oct 12, 2022

Question 1

Natural barriers to firms to entering an industry include
◦ increasing-cost production.
◦ control or ownership of the entire supply of an essential raw material.
◦ large economies of scale in the industry.
◦ a government-awarded franchise.
◦ a patent which allows production by only the patent holder.

Question 2

A likely cause of a natural monopoly occurring in some industry is
◦ sabotage.
◦ licenses.
◦ patents.
◦ scale economies.
◦ charters.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by blkth103 on Oct 12, 2022

hvhf4k+549qz8f218jyo@shar

  • Full Member
  • ***
  • Posts: 174
Reply #1 on: Oct 12, 2022
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 25% of students answer this correctly


blkth103

  • Member
  • Posts: 156
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

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

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Uranus's southern hemisphere in approximate natural colour (left) and in shorter wavelengths (r Uranus's southern hemisphere in approximate natural colour (left) and in shorter wavelengths (r
When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
Nanomaterials Applications and Industry Used Nanomaterials Applications and Industry Used
Structural similarities between antimetabolites and their natural counterparts. Structural similarities between antimetabolites and their natural counterparts.
The impact of industry and manufacturing on our life The impact of industry and manufacturing on our life
Beer is made from the fermentation of yeast and the natural sugars from grains Beer is made from the fermentation of yeast and the natural sugars from grains
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library