If a Single-Price Monopoly Is Making a Large Economic Profit,what

question 81

Multiple Choice

If a single-price monopoly is making a large economic profit,what keeps other firms from competing away the profit?

• A) There are barriers to entry.
• B) The monopoly must be keeping the amount earned secret.
• C) The market must be too small.
• D) The existing firm's ATC must be too large to allow competitors to enter and earn an economic profit.
• E) Nothing, other firms will enter and will compete away the profit.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Operating Cash Flow

The total amount of money generated by a company's normal business operations.

Net Income

The amount of money a company has left as profit after paying off all expenses and taxes from its gross income.

Dividends

are payments made by a corporation to its shareholders, typically from profits earned.