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1) What is natural monopoly and when we will have natural monopoly in the market?
2) What types of industry are susceptible to have natural monopoly?
3) What is "information asymmetry"?
Business Economics, Economics
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If the market for a good is operating in the inelastic range of market demand. Which of the two policy that follow is more effective when handling (technical) externalities: Cap-and-trade or emissions fee?
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A sample of 189 randomly selected students found that the proportion of students planning to travel home for Thanksgiving is 0.66. What is the Standard Deviation of the sampling distribution?
What are the classical, Neoclassical, Keynesian, and Marxian Economic Schools of Thought on poverty and perspectives on individual decisions? Briefly explain their opinions.
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