It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.
<h3>What is competitive market?</h3>
A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.
Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.
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Word processing is not a personility trait
The format of the CV allows you to extensively share your history and accomplishments; the reviewer can learn a lot about you from this single document. Compared with a one- to two-page resume, a CV can be as long as you want. A CV is also a living document, which you should continually update. It should grow as your career grows. In fact, when you're a seasoned professional, your CV can extend into the double digits. In addition to your education and past positions, your CV should include a detailed list of what you've published, conferences you attended, classes you taught, presentations you gave, scholarships you received, your research interests and awards. You can also include your references on your CV. I hope I have answered your question
The income and expenses Mr. Smith Incurs this year:
Income: $40,000
Project Cost this year: $30,000
Consumes: $50,000
Consumption this year = $40,000 - $30,000 - $50,000
Consumption this year = -$40,000
Future value of the conumption this year = -$40,000*1.1 = -$44,000
Consumption next year:
Income : $60,000
Income from the project: $36,000
Total income next year = $96,000
Consumption next year = -$44,000 + $96,000
<u>Consumption next year = $52,000</u>
Thus consumption next year is $52,000
Answer:
C. Increase by $7,000
Explanation:
Current net operating income
($80 x 200) - $5,000
$16,000-$5,000
= $11,000
With the change the net operating income will be:
($80 - $20) x 200 x 150%
($60)×200×1.5
($60)×300
= $18,000
$18,000-$11,000
=$7,000 Increase
Therefore If the change is implemented, net operating income will: be an increase of $7,000 per month because the current net operating income was $11,000 and with the change the net operating income was increased to $18,000 which is why the income will increase by $7,000.
