Question

Question 2 Which of the following statements about a monopoly is true? Not yet answered Select one: Marked out of 50.00 a. Fims decide how much to produce depending on their competitors decisions. O b. Total profits are always lower than that of an oligopoly Flag quesionOc. There are only few firms producing the good. O d. The equilibrium price is lower than that of perfect competition O e. There is only one firm producing the good Next acer
0 0
Add a comment Improve this question Transcribed image text
Answer #1

e) There is only one firm producing the good  

is correct option

BECAUSE Monopoly means that there should be only one producer so that they decide the quantity which effect the price of the quantity that why monopoly donot have the supply curve they supply at a particular point.

Add a comment
Know the answer?
Add Answer to:
Question 2 Which of the following statements about a monopoly is true? Not yet answered Select...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Blogs Support estion 1 Which of the following statements about an oligopoly is true? Select one:...

    Blogs Support estion 1 Which of the following statements about an oligopoly is true? Select one: 0 a. There is only one firm producing the good. O b. The equilibrium price is lower than that of perfect competition O c. The equilibrium price is higher than that of a monopoly O d. Total profits are always higher than that of a monopoly " t yet answered arked out of Flag question e. Firms decide how much to produce depending on...

  • Question 1 Not yet answered Marked out of 1.00 p Flag question Which of the following...

    Question 1 Not yet answered Marked out of 1.00 p Flag question Which of the following is result of decisions based on inaccurate information? Select one: a. Delivering products to customers on time O b. Meeting customers' demands O c. All the answers d. Misallocation of resources Question 2 Not yet answered Marked out of 1.00 p Flag qu In digital firms, Core business processes are accomplished digitally Select one: a. True о b. FALSE Previous page f Question 7...

  • Question 35 Not yet answered Why might an investor select a stock with warrants ? -...

    Question 35 Not yet answered Why might an investor select a stock with warrants ? - 1. The exercise price is lower than the market price of the underlying stock. - II. The warrants are not listed on the stock exchange. - III. The outlook for the common stock is positive. Marked out of 1.00 Flag question - IV. The leverage factor is low. Select one: a. I and III O b. IV only c. I and II d. I...

  • Question 21 Which of the following statements are true concerning free credit balances? Not yet answered...

    Question 21 Which of the following statements are true concerning free credit balances? Not yet answered Marked out of 1.00 Flag question Select one: a. These funds are called excess margin. o b. Dealer members cannot use these funds, as they belong to their clients. O c. If these funds are used, they must be replaced in the client's account within 24 hours. o d. Dealer members can use these monies in their day-to-day business activities. Question 22 Louise short-sold...

  • Energy is always... Question 4 Not yet answered Marked out of 1.00 P Flag question Select...

    Energy is always... Question 4 Not yet answered Marked out of 1.00 P Flag question Select one: o decreasing o lost • conserved o increasing Question 5 When a compound gains energy the process is Not yet answered Marked out of 1.00 Select one: • endothermic P Flag question O hypothermic exothermic hyperthermic o Question 6 Bonus question: heat will pass by conduction and heat will pass by convection and heat will pass by radiation and that's.... Not yet answered...

  • Question 3 in heating and cooling, 9 = Not yet answered Select one: ATIC Marked out...

    Question 3 in heating and cooling, 9 = Not yet answered Select one: ATIC Marked out of 1.00 P Flag question O -ΡΔν • CVAT O m c ΔΤ Question 4 Physical changes occur at constant Not yet answered Marked out of 1.00 Select one: • entropy O time p Flag question temperature O energy A change of temperature of -5°C is equivalent to a temperature change of... Question 5 Not yet answered Marked out of 1.00 P Flag question...

  • Question 1 1 pts Cribbs and Babbles are the only 2 firms in the reusable baby...

    Question 1 1 pts Cribbs and Babbles are the only 2 firms in the reusable baby diaper industry. Each company represents about 50% of the market share for the entire industry. There are no other competitors. This is an example of what? Imperfect competition Monopolistic competition O Oligopoly Monopoly Question 2 1 pts There are 16 food vendors who are set up outside of a music festival. This is an example of what? Perfect competition O Monopolistic competition O Oligopoly...

  • Which of the following options best describes market structures from the lowest to the highest degree...

    Which of the following options best describes market structures from the lowest to the highest degree of market power? Perfect competition, monopolistic competition, oligopoly, monopoly Oligopoly, monopoly, monopolistic competition, perfect competition Monopoly, perfect competition, oligopoly, monopolistic competition Monopolistic competition, oligopoly, monopoly, perfect competition A cable company has determined that the marginal revenue from an additional subscriber is $15, and the marginal cost of providing cable services is $5. Based on this information, what should the company do? Increase the quantity...

  • 12) Your local water company is a considered A) a natural monopoly and will be regulated....

    12) Your local water company is a considered A) a natural monopoly and will be regulated. B) an oligopoly and will be able to charge a price greater than marginal cost. C) monopoly and will not be able to charge a price greater than marginal revenue. D) perfect competition because everyone needs tap water. E) monopolistic competition and will be able to charge a price greater than marginal cost. 13) A barrier to entry is A) the economic term for...

  • Question 1 In the Lewis acid-base definition, an acid is a/an... Not yet answered Select one:...

    Question 1 In the Lewis acid-base definition, an acid is a/an... Not yet answered Select one: Marked out of cause of a lower pH 1.00 source of H P Flag question lone pair acceptor proton donor Question 2 During a Lewis acid-base reaction, the Lewis base usually Not yet answered Select one: Marked out of gains a formal charge 1.00 gains a lone pair Flag question becomes an ion loses a lone pair Question 3 Which of the following is...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT