Law-Forums.org

[elton]

1. Saudi oil, Brazilian coffee beans, and Canadian timber are cited as examples of
a. monopoly power
b. absolute adantages
c. comparative advantages (I know its not this one)
d. national competetive advantages

2. Which of the following is an example of a natural monopoly
a. sporting goods
b. motion pictures
c. automobiles (i know its not this one)
d. electric companies

3. Green Marketing ecompasses a wide variety of business strategies and practices such as production process, production modification and
a.painting products the color green for better advertising
b. packaging reduction
c. consumers hve the right to save products
d. none of the above

[adare]

I think number 1 is d because I know it's not a monopoly, and it says "national" and Saudi, Brazil, and Canada are nations.

I think number 2 is d because a natural monopoly is when there is a monopoly because there is only one of that company because it doesn't make sense to have multiple ones. There is only one electric company, so that's a natural monopoly.

I don't know number 3, but some help is better than none.

Good luck! (: