Compared to perfect competition in the long run, a monopoly has (a) more choices of products for consumers (b) allocative efficiency (c) lower prices (d) a price less than marginal cost (e) a price greater than marginal cost

Who needed protection from railroads? 1865-1900 apush

What is the rationale for government provision of education? -not all incomes are equal, but everyone has the right to education regardless of wealth. -potential students consider only their personal benefits gained from education, but the rest of society benefits, too. -no education would be provided in the absence of government provision because everyone would consume it without paying. -the cost of providing education for the entire public is too large. -the government can provide education at a much lower cost than the private sector.

According to the online content activity for this lesson, what should you do if you do not understand the material you are trying to learn? a. try a new approach to learning the material. c. re-read the material b. give up d. find someone to give you the answers to the test select the best answer from the choices provided a b c d