If a natural monopoly regulatory commission sets a price where marginal cost is equal to demand

a. economic efficiency would not be achieved.

b. the firm would incur a loss.

c. the firm would earn monopoly profits.

d. the firm would break even.

Sometimes an economy cannot grow because of external factors, such as lack of skilled labor. poor infrastructure. low domestic demand. low demand for exports.

Fritz Evans is the owner and operator of Be-The-One, a motivational consulting business. At the end of its accounting period, December 31, 2018, Be-The-One has assets of $395,000 and liabilities of $97,000.

Which of the following is an advantage of a sole proprietorship?

Consider the following cost curve for a firm in a competitive industry where the market price equals $150. C = one third q cubed plus 6 q plus 1 comma 500. What is the firm's marginal cost (MC) ? MC = q squared plus 6.

According to many consumer advocates, you should not furnish your apartment by going to a "rent-to-own" company because the cost of renting-to-own is much more expensive than the cost of buying. true or false?

Explain what is meant by market research.

Jean, a restaurant critic, publishes a review in a national daily that the sandwiches served at his friend's deli are usually not fresh. Tom, the owner of the deli, notices a significant decrease in customers after the review gets published.

Why did the Soviet Union experience many surpluses and shortfalls? A) The labor force wasn't well educated B) The cold climate made farming hard C) Central planners could not manage every detail D) The country depended on imports to obtain resources.

A hospitality operation has sales revenue of $462,000 with variable cost averaging 44%. Fixed costs are $188,000. The owner wants a net income after tax of $50,400 based on a tax rate of 28%. a.

True or false fdr was eager to use deficit spending to end the economic crisis.