Which of the following is true of pure monopolies? group of answer choices monopolies can earn positive economic profits in the long run. monopolies produce output that is greater than the competitive level. monopolies produce products that have a negligible marginal cost but a high fixed cost. monopolies reduce welfare by engaging in excessive product differentiation. answers monopolies earn positive economic profits in the long run and monopolies reduce welfare by engaging in excessive product differentiation are both correct.
Answers: 1
Another question on Business
Business, 22.06.2019 06:30
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
Business, 22.06.2019 16:40
Job applications give employers uniform information for all employees,making it easier to
Answers: 1
Business, 22.06.2019 18:30
Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?
Answers: 1
Business, 22.06.2019 19:30
Dollar shave club is an ecommerce start-up that delivers razors to its subscribers by mail. by doing this, dollar shave club is using a(n) to disrupt an existing market.a. innovation ecosystem b. architectural innovation c. business model innovation d. incremental innovation
Answers: 2
You know the right answer?
Which of the following is true of pure monopolies? group of answer choices monopolies can earn posi...
Questions
Social Studies, 22.04.2020 22:39
Mathematics, 22.04.2020 22:39
Mathematics, 22.04.2020 22:39
History, 22.04.2020 22:39
Physics, 22.04.2020 22:39
Mathematics, 22.04.2020 22:39
