1. (Table: Soybean Cost) Look at the table Soybean Cost. The costs of production of a perfectly competitive soybean farmer are given in the table. What is the shut-down price for this firm?
a) $11 b) $10 c) $12 d) $13
3. De Beers became a monopoly by: a) establishing control over diamond mines. b) technological superiority. c) ownership of a patent. d) economies of scale.

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AksNevkenzie AksNevkenzie

23-04-2016
Business

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1. (Table: Soybean Cost) Look at the table Soybean Cost. The costs of production of a perfectly competitive soybean farmer are given in the table. What is the shut-down price for this firm?
a) $11 b) $10 c) $12 d) $13
3. De Beers became a monopoly by: a) establishing control over diamond mines. b) technological superiority. c) ownership of a patent. d) economies of scale.

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Аноним Аноним · Answer 1 · 2016-05-02T04:13:36+02:00

The correct answer for the question that is being presented above is this one: "a) $11." The costs of production of a perfectly competitive soybean farmer are given in the table. The shut-down price for this firm is $11.

The correct answer for the question that is being presented above is this one: "a) establishing control over diamond mines." De Beers became a monopoly by establishing control over diamond mines