Answer:
A. downward sloping and above the marginal revenue curve.
Explanation:
A monopoly is when there's only one firm operating in an industry. A monopoly usually sets the market price for goods and services. A monopoly faces a downward sloping demand curve because as price increases, the quantity demanded falls.
I hope my answer helps you
If the statement above asks whether it is true or false. The answer would be true. It is because when you have common knowledge, it is not needed for it to be quoted for it is already common among people and it is already a knowledge of which people knows about without searching or asking about it. Quotation marks are only used when you try to quote or say things that are from the original author, information or who or where it came from and it's not yours. With common knowledge, there is no need to use them for it is already known by a lot of people and are too obvious for it to be asked of.
Answer:
Find attached complete part of the question.
The unrealized gains is $3500
Explanation:
Y stock has been disposed and its gains or losses are now realized, and it is not applicable to our computation now.
Unrealized gains or losses is the difference between purchase price of a stock and its current market price
Stock X=($43-$40)*1500=$4500 gains
Stock Z=($21-$22)*1000=-$1000 losses
So unrealized gains overall =$4500-$1000
unrealized gains =$3500
Note that the price of stock X has risen to $43 from initial $40 while that of company Z has fallen to$21 from the initial $22.
I
Answer:
a)
Explanation:
money is a valuable because it is backed by gold
