Arising of natural monopolist

+44 141 628 6080
[email protected]

Natural monopolies arise due to: (w) artificial barriers to entry. (x) contestable markets. (y) price discrimination. (z) natural barriers to entry.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

View Complete Question

Related Questions in Microeconomics

Q : Short-run supply curve of the firm For

For a competitive firm the short-run supply curve is the: (w) marginal cost curve which is above the average total cost curve. (x) marginal cost curve which is above the average variable cost curve. (y) upward sloping part of the marginal cost curve.

Q : Use of Loren Curve A Lorenz curve can

A Lorenz curve can be utilized to demonstrate the: (w) functional distribution of income. (x) income necessary to maintain specified living standards. (y) demand for low wage labor. (z) cumulative percentage of income received by cumulative percentage

Q : When is marginal costs equivalent to

A purely competitive firm adjusts production therefore its marginal costs equivalent the market price, thus: (w) minimizing losses or maximizing profit. (x) ensuring that total costs do not exceed total revenue. (y) surviving the shor

Q : Founder of Utilitarianism I have a

I have a problem in economics on Founder of Utilitarianism. Please help me in the following question. The utilitarianism founder in England was: (i) Rupert Brooke. (ii) Jeremy Bentham. (iii) Thomas Dewey. (iv) John Stuart Mill. (v) Adam Smith.

Q : Negative-positive coefficient in

When you compute cross-elasticity of demand, what are you trying to find out? What do a negative coefficient and a positive coefficient imply?

Q : Calculating economic profit Assume that

Assume that you earn an annual salary of $25,000. You too have $10,000 in savings which earns $1,000 per year in interest. Now assume that you quit this job to open your own business and spend all your savings in the latest business. In the primary year, you take in r

Q : Law of Supply Law of Supply : Supply

Law of Supply: Supply means the goods provided for sale at a price throughout a particular period of time. This is the capacity and intention of the producers to gen

Q : Quantity supply or demand to changes in

When a measure of the responsiveness of one variable to other (for example, quantity supplied [or demanded] to changes within price), elasticity: (w) provides no criterion for identifying responsiveness. (x) depends on the units used to express change

Q : Example of perfectly price inelastic A

A candy factory now produced 5.2 million packages of gummy worms as well as sold them for $1.27 each this annum. Last year this sold 4.7 million packages of gummy worms sold for $1.36 each. That firm’s gummy worms have demand which is: (1) perfe

Q : Absolute Poverty of Income A family

A family whose income leaves this hovering at the brink of survival and that gives only a razor’s edge existence is experiencing: (w) relative poverty. (x) economic shock. (y) financial destitution. (z) absolute poverty.

Discover Q & A

Leading Solution Library

Avail More Than 1417214 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1938978
Asked

3,689

Active Tutors

1417214

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment