Answer:
The correct answer is:
0.50 (B)
Explanation:
The Lerner index is used by monopolists to measure market/monopolist power, and it is defined as the percent markup of price over marginal cost.
It is given by the formula:
Note: in a perfectly competitive market, L = 0, which makes Price = Marginal cost in the equation above. But in a competitive market, it is always the case that L ≥ 0
The best example of a periodical Chen might use as research is the act small sba.gov. Thus option B is correct.
<h3>What is Research?</h3>
Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.
In the given case, it is explained that Chen is looking for information for a speech about starting his own business. The information which is considered reliable is taken from a portal that is authentic is government portal.
A government portal provides accurate facts and information and helps an individual to understand trends in entrepreneurship.
Therefore, option B is appropriate.
Learn more about Research, here:
brainly.com/question/18723483
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Burn it! (Lol IDK if this question was serious)
Answer:
The answer is A. demand for money falls and the interest rate falls
Explanation:
The demand for money is the amount of money or amount of wealth households or businesses choose to hold in the form of money(cash or cash-equivalent).
When the price level decreases, the purchasing power of consumers increases, so consumers' demand for money will be reduced or lower. The transactional demand for money will be reduced.
Also when price level decreases, interest rate falls. Because the purchasing power of consumers has been increased, the excess money will be kept in banks and the increases the money supply. So with an increase in money supply, interest rate will be reduced to encourage borrowing.
