DQuestion 1 5 pts The greater the number of prices the monopolist charges, the less money...

Question

Question

Answer 1

Answer #1

1) "False"

A monopolist works in a market where the demand is inelastic the greater the number of prices it charges the higher money it makes form the consumer.

2) "Pharmaceuticals"

Is an example of a monopoly. it is protected by Intellectual property rights.

3) "Barrier to entry"]

A barrier to entry is what makes the monopoly earn a profit.

4) A copyright lasts for the authors lifetime + 70 years.

Answer 2

Similar Homework Help Questions

DQuestion 1 2 pts The dynamic laws of supply and demand tell us that: prices have...

DQuestion 1 2 pts The dynamic laws of supply and demand tell us that: prices have a natural tendency to rise or increase even when the quantity supplied equals the quantities demanded. excess demand leads to a tendency of prices to fall or decrease. the greater the excess supply, the greater the tendency of prices to fall or decrease. excess supply leads to a tendency of prices to rise or increase. D Question 2 2 pts Simple Supply and Demand...
DQuestion 1 1 pts Is the following statement true or false? 10 5 10 10 C...

DQuestion 1 1 pts Is the following statement true or false? 10 5 10 10 C True False D, Question 2 1 pts s the following statement sruc or fase?
and select the corresponding oval. DQuestion 1 1 pts When a note receivable is dishonored, it...

and select the corresponding oval. DQuestion 1 1 pts When a note receivable is dishonored, it reverts to an account receivable. O True O False D Question 2 1 pts The notes receivable account of a business should include both the notes that have not yet matured and the dishonored notes. O True O False D Question 3 1 pts The banker's rule simplifies interest computations by treating a year as having 365 days. O True O False DI Question...

Question 49 2.5 pts A monopolist is producing at the profit-maximizing output level and charges $44...

Question 49 2.5 pts A monopolist is producing at the profit-maximizing output level and charges $44 for each unit. Which of the following is true? Its marginal cost must be greater than $44. ) Its marginal cost must be equal to $44. Its marginal cost must be less than $44. Its average cost must be equal to $44.
please slove both O False DQuestion 7 1 pts An endothermic reaction can be spontaneous. O...

please slove both O False DQuestion 7 1 pts An endothermic reaction can be spontaneous. O True O False D Question 8 1 pts Consider liquid water boiling at 1 atm of pressure. Liquid water and water vapor are at at 100°C. O True ○ False 1 pts Question 9
O Yield on a risky security DQuestion 40 1 pts The greater the prepayment risk, the...

O Yield on a risky security DQuestion 40 1 pts The greater the prepayment risk, the e Greater the market demand for a loan-backed security Lower the yield on a loan-backed security O None of the above O Higher the price of a loan-backed security @ Lower the price of a loan-backed security No new data to save. Last checked at 12:42pm Submit Quiz

Question 5 2 pts When marginal revenue intersects marginal cost on a graph, a monopolist prices...

Question 5 2 pts When marginal revenue intersects marginal cost on a graph, a monopolist prices the good at that point. a monopolist always makes an economic profit. O profits are maximized for a monopolist but not for a competitive firm. a monopolist must go up to the demand curve to find the price. O profits are maximized for a competitive firm but not for a monopolist. The following table summarizes six potential customers' ages and willingness to pay for...
DQuestion 10 5 pts The most common method used by people who attempt suicide but do...

DQuestion 10 5 pts The most common method used by people who attempt suicide but do not succeed is poisoning. True False Question 11 5 pts Suicide is most common in men who are: O divorced O single O widowed All of these answers are correct
ulz Ihstructions 1 pts DQuestion 1 The tax break for losses from passive investments begins to...

ulz Ihstructions 1 pts DQuestion 1 The tax break for losses from passive investments begins to phase out for taxpayers higher incomes True False

Question 3 1 pts maintenance, supervision are direct labor costs O True O False DQuestion 4...

Question 3 1 pts maintenance, supervision are direct labor costs O True O False DQuestion 4 2 pts materials used on a job are written on which of the following O bill of materials material requisition form production order