Which of the following explains why soccer players make millions of dollars in Europe but do not in the United States? Group of answer choices discriminatory rules established by the U. S. government compensating wage differentials for living in Europe preferences on the part of US sports fans for sports other than soccer. bonus wages paid to European players to enhance on-field performance All of the answers are reasons why soccer players in Europe are paid more than soccer players in the U. S.

Which of the following statements best reflects a price-taking firm? price-taking firms maximize profits by charging a price above marginal cost. the firm can sell only a limited amount of output at the market price before the market price will fall. if the firm were to charge more than the going price, it would sell none of its goods. the firm has an incentive to charge less than the market price to earn higher revenue.

A) maklumat di bawah menunjukkan beberapa kos yang terlibat dalam proses pengeluaran sesebuah firma-kain sutera-cukai jualan-sewa kilang-insurans kebakarani) berdasarkan maklumat di atas, apakah jenis kos yang terlibat? ii) apakah perbezaan antara kos kain sutera dan kos sewa kilang

"in the electricity industry, low average total costs are obtained only through large-scale production. in other words, the initial cost of setting up all the necessary wiring makes it risky and, most likely, unprofitable for competitors to enter the market. throughout much of the 20th century, many people viewed south africa’s de beers group as a monopoly because it controlled a large percentage of diamond production and sales. patents are granted to inventors of a product or process for a certain number of years. the reason for this is to encourage innovation in the economy. without the existence of patents, it is argued, research and development for improved electronics is unlikely to take place, since there’s nothing preventing another firm from stealing the idea, copying the product, and producing it without incurring the devel opment costs."which of the following best explains the barriers to entry that exist in this scenario? increasing returns to scale legal barriers exclusive ownership of a necessary resource