subject
Business, 29.03.2021 17:50 emmaccanttlon

While a natural monopoly will restrict its output in order to raise the price, competitive firms in the same market would: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices produce the same quantity of output, but at a lower price. not produce the optimal quantity of output, because they couldn't take advantage of economies of scale. always offer consumers a lower price. produce the optimal quantity of output, because their price is determined by the market.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.
Answers: 2
question
Business, 22.06.2019 00:00
Ok, so, theoretical question: if i bought the mona lisa legally, would anyone be able to stop me from eating it? why or why not?
Answers: 1
question
Business, 22.06.2019 01:30
Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be
Answers: 1
question
Business, 22.06.2019 22:40
When immigration adds to the size of the domestic labor pool, which of the following is likely to occur? a. wages decrease. b. productivity increases. c. consumption decreases. d. minimum wage increases.
Answers: 1
You know the right answer?
While a natural monopoly will restrict its output in order to raise the price, competitive firms in...
Questions
question
Mathematics, 27.09.2019 21:00
question
Mathematics, 27.09.2019 21:00
Questions on the website: 13722363