A natural monopoly will always operate in the region of the long run average total cost curve where the cost per unit is constant
a. True
b. False
Indicate whether the statement is true or false
False
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The demand for capital is
a. directly related to the interest rate. b. inversely related to the interest rate. c. unrelated to the interest rate. d. first falls, and then rises, in relation to the interest rate.
Table 36-2 ? Domestic ? ? ? GDP Expenditure ? Exports Imports Total Expenditures (Y) C+ I + G (X) (IM) C+ I + G + (X?IM) $2,500 $3,100 $650 $250 _____ 3,000 3,400 650 300 _____ 3,500 3,700 650 350 _____ 4,000 4,000 650 400 _____ 4,500 4,300 650 450 _____ 5,000 4,600 650 500 _____ 5,500 4,900 650 550 _____ In Table 36-2, what are net exports when GDP = 3,500?
A. 400 B. 300 C. 200 D. 100
In the 1990s and early 2000s, mortgage lending standards ______________ in the United States. In general, there was a move _____________ traditional lending practices during this period
A) declined; away from B) declined; towards more C) became more strict; away from D) became more strict; towards more
Which of the following policies would be most effective in the flat part of the SRAS demand curve?
a. The Fed decreases the money supply by 3 percent. b. The Fed decreases the money supply by 10 percent. c. The Fed increases the money supply by 3 percent. d. The Fed increases the money supply by 10 percent.