When used with a natural monopoly, an average cost pricing rule results in
A) the efficient level of output.
B) economic losses for the firm.
C) the need for government to subsidize the natural monopoly.
D) zero economic profit for the firm.
E) the firm making an economic profit.
D
Economics
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_____ allow exclusive use of an identifier, such as a brand name, and can be renewed indefinitely
a. Patents b. Trademarks c. Copyrights d. Licenses
Economics
Which of the following contributed most to the large increases in poverty since 1960?
a. increases in air pollution and other externalities b. federal government budget deficits c. the increase in the number of elderly individuals d. rising poverty rates among households headed by females e. the increase in the number of households headed by females
Economics