Business, 18.12.2019 19:31 robert7248
What is "natural" about a natural monopoly? a natural monopoly a. is a public enterprise. b. produces a product whose usefulness increases with the number of consumers who use it. c. develops automatically due to economies of scale. d. is the only firm legally allowed to produce a product due to a government copyright. e. develops automatically due to diseconomies of scale.
Answers: 1
Business, 22.06.2019 15:40
Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.
Answers: 1
Business, 23.06.2019 02:10
Which of the following describes a situation in which there would be decreasing marginal utility? a. buying only necessities. b. buying a car to substitute for riding the bus. c. buying food in bulk to save money in the long run. d. buying a second winter coat.
Answers: 2
Business, 23.06.2019 02:30
Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan. the sedans are sold through the cadillac dealer network, but the high-performance version is sold in limited volumes and is not available at all dealers. this difference in availability is an example of how the products within the cadillac portfolio are differentiated by the
Answers: 3
What is "natural" about a natural monopoly? a natural monopoly a. is a public enterprise. b. produc...
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