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user100 [1]
4 years ago
13

For a monopolistically competitive​ firm, marginal revenue A.is greater than the price.B.equals the price.C.is less than the pri

ce.D.and the price are unrelate
Business
1 answer:
Tems11 [23]4 years ago
5 0

Answer:

The correct answer is option C.

Explanation:

A monopolistic firm is a price maker. It faces a downward sloping demand curve which also reflects the average revenue or price. The profit is maximized by equating marginal revenue and marginal cost.

The marginal revenue curve is also a downward sloping curve and it lies below the demand or average revenue curve.

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4 years ago
PLEASE HELP
Vlad1618 [11]

Answer:

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Explanation:

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6 0
3 years ago
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A _____ strategy is a way of obtaining customers by making decisions that allow an organization to produce goods or services mor
Rashid [163]
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4 0
3 years ago
Taxes on goods with __________ demand curves will tend to raise more tax revenue for the government than taxes on goods with ___
san4es73 [151]

Answer:

Inelastic; elastic

Explanation:

Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.

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On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $77 million at par and classified the securit
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a

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