45.Why did many Americans oppose monopolies in the late 1800s? A. Monopolies are not very effective at producing goods. B. Monopolies prevent competition in the marketplace. C. People were more concerned with agriculture than industry. D. Monopolies were industries controlled by the government.

Q: 1. Explain how a monopolist chooses the quantity of output to produce and the price to change.

A: Answer 1) "A monopolist is a single seller of the commodity or service and is a price maker…

Q: Each of these are possible benefits from a monopoly EXCEPT A. the ability to minimize deadweight…

A: We have to find each of these are possible benefits from a monopoly.

Q: in capitalism what does competition do for the consumer   A.It limits the number Of choices…

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Q: Which two kinds of monopolies exist? Which is more economically efficient? Why?

A: Monopoly is a market structure in which there is a single firm and large number of buyers. The…

Q: How do monopolies play into the treadmill of production and consumption on a larger scale?

A: A monopoly has following features: Firms are the price maker. Aim of a monopolist is to maximize…

Q: 1. A general rise in the level of prices is called a. free enterprise. b. inflation. c. gross…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: In Capitalism what does competition do for consumers   A.it limits the number of choices consumers…

A: In Capitalism, economic and production decisions are  taken by private individuals rather than…

Q: Compared to the social optimum, a monopoly firm chooses a. a quantity that is too low and a price…

A: The perfect competitive market describes or portrays a market where a massive number of tiny…

Q: Why might a government try to prevent monopolies or oligopolies from forming in a market? And how…

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Q: Why might governments seek to regulate monopolies? A. Most monopolies are created through corrupt…

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Q: 1. Draw a graph of a typical natural monopoly with declining costs. a. Label monopoly price and…

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Q: Is a monopoly always bad for society? a. No. For example, patents on medications create monopolies,…

A: Monopoly is a form of market in which only single firm exists.

Q: Which of the following can create monopolies? a. Economies of scale b. Scarce resources c.…

A: A single seller in the market is called a monopoly market. The sole seller sells the goods in the…

Q: Since natural monopolies have a declining average cost curve, what effect would regulating natural…

A: Natural monopoly is generally a case where there is only one efficient no. of firm in the industry.…

Q: xes in a particular industry.   b. the government exercises its market control by encouraging…

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Q: Natural monopolies occur where A. opportunities for economies of scale is significant,…

A: Monopoly refers to a market situation at which there is only one single seller selling a unique…

Q: Which of the following is not possible for a monopolist in the short-run? a. An economic profit b.…

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Q: Identify a monopoly that you have recently consumed. Explain why you selected it as a monopoly and…

A: Answer: We are granted a computer project recently and that the few stationary including gums are…