Answer:
true
Explanation:
before you had to be 16 but now you have to be 18 or older
Because they felt they could make more money if they were free to sell foreign markets themselves
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
Answer:
well, if you're in high school then you're between 14 and 18. So I'm guessing 15 or 16.
Answer:
You should stay very far away from the truck as you can and allow the truck driver to complete whatever maneuver they intend to do. You should understand that in the process of maneuvering the truck driver may block the entire road or most of the road, and he may be unaware that there is a car behind him in some cases.
Explanation:
