Panamint Springs, California, is located on State Route 190 (SR190). The community's gas station is the last one for miles in either direction on SR190. This means that this gas station:
a) will earn zero economic profit
b. is a monopoly.
c. has monopoly power.
d. is a natural monopoly.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Panamint Springs, California, is located on State Route 190 (SR190). The community's gas station is the last one for miles in either ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What made the American economy turn to worse during the 1930s? How widespread was the "great depression"
Answers (1)
We reach our physical peak (fastest reaction time, most acute sensory awareness, and highest cardiac output) during which year in our lives
Answers (1)
Why did wealthy rulers and citizens invest in art?
Answers (1)
The methods a society uses to produce, distribute and consume goods and services is its a. scarcity. b. demand. c. opportunity cost. d. economic system.
Answers (1)
A questão da desigualdade social foi tema de análise dos clássicos da sociologia e também de grandes pensadores da filosofia. Karol Marx ao analisar o capitalismo buscou explicar a questão da desigualdade social.
Answers (1)
New Questions in Social Studies
Which group stood to benefit the most from galning Independence from Mexico? Slaves Indians Tejanos Texlans US 5:45
Answers (2)
Which of these is an example of bartering
Answers (1)
What general conclusion can be drawn about the nature of learning?
Answers (1)
What issue undermines people's health the most and what steps should be taken to change it?
Answers (2)
What is the purpose of the international space station?
Answers (1)