Monopolies that exist because economies of scale create

Assignment Help Microeconomics
Reference no: EM13697373

Monopolies that exist because economies of scale create a barrier to entry are called:

Normal monopolies

Natural monopolies

Price-discriminating monopolies

Government monopolies

Reference no: EM13697373

Questions Cloud

Permanent tax increase in the economic fluctuations model : Consider a permanent tax increase in the economic fluctuations model beginning from potential output prior to the tax increase. In the long run, as a result of the tax increase,
The reason a profit-maximizing natural monopolist : The reason a profit-maximizing natural monopolist cannot set price equal to marginal cost is that it would:
Submit an international marketing plan on a product : Submit an international marketing plan on a product (good, service, or idea) approved by the course instructor, integrating the components listed below as the basis for the paper. Describe the product, its features, and benefits.
The monopolist sells another unit of output : Suppose a monopolist is at the profit-maximizing output level. If the monopolist sells another unit of output:
Monopolies that exist because economies of scale create : Monopolies that exist because economies of scale create a barrier to entry are called:
The landrum-griffin act and strikes are costly : The Landrum-Griffin Act of 1959 was passed in reaction to: Which of the following would not be considered a fringe benefit? The process by which unions and management negotiate a contract is called: Strikes are costly to:
In the case of a natural monopoly : In the case of a natural monopoly, as the number of firms in the industry increases, the average cost of producing a:
Fast-food industry is monopolistically competitive : If the fast-food industry is monopolistically competitive, a profit-maximizing firm in this industry sells its product at a price:
Price exceeds marginal cost for monopolistically competitive : Price exceeds marginal cost for a monopolistically competitive firm in long-run equilibrium because:

Reviews

Write a Review

Microeconomics Questions & Answers

  What is meant by average productivity explain marginal

what is average productivity? what is marginal productivity? explain the relationship between marginal and average

  Suppose that currency in circulation is 600b demand

suppose that currency in circulation is 600b demand deposits are 900b and excess reserves are 15b. the required reserve

  Monopolist''s total / average profit / loss

Find the taxi firms profit maximizing or loss minimizing output level, Q. Calculate the monopolist's total profit. What is the monopolist's average profit?

  Write down the two organizational compensation goals

what are the two organizational compensation goals described in this unit? what other goals for compensation can you

  Task 1ozark bottled water products inc hired a marketing

task 1ozark bottled water products inc. hired a marketing consulting firm to perform a test marketing of its new brand

  Substituting this value into the price elasticity of demand

Substituting this value into the price elasticity of demand formula we obtain ∈=

  Bank''s capital-asset ratio

Which of the following is true regarding a bank's capital-asset ratio? The ratio gives an overall picture of the quality of business loans the bank is making.

  Determine the best number of firms to sell the secret to

A firm in a perfectly competitive market invents a method of production that lowers marginal costs. What happens to output What happens to the price it charges A. The firm has an employee who threatens to tell all other firms in the industry about..

  Product-specific decisions at the lower level

Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography

  Net exports and net capital outflows tend to be equal

Studies indicate that net exports and net capital outflows tend to be equal. Why are net exports and net capital outflows tend to be equal? How does an increase in the price level change interest rates? How does this change in interest rates lead to ..

  Present value of endowment would be what

the present value of his endowment would be what? I know the answer is 2500, but I need to know HOW you get this?

  What is the equation for the marginal social cost curve

What is the equation for the Marginal Social Cost curve? Use this to figureout what the socially optimal amount of widgets is. Is the socially optimal thesame amount as you found in part (a)?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd