Answer: B. If the market demand curve becomes more elastic, the firm's demand curve will become more elastic
Explanation:
Monopoly is a market structure whereby there is just one single supplier for a particular good or service. The monopolist controls the price.
We should note that the monopolist enjoys market power due to theofact that its product has an inelastic demand that is, a price change will have a minimal impact on the demand.
But the monopoly power will reduce in a case whereby the market demand curve becomes more elastic, then the firm's demand curve will become more elastic as well.
Answer:
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Explanation:
A positive lifestyle is essential as it makes a person look forward and also promotes the meaningfulness of life. ... This eventually diminishes stress, improves wellbeing making the person feel better mentally. The person also starts to focus more on solutions than problems.
Answer: B.
Explanation: The ocean currents produce waves that hit the continental plates and more them
Answer:
Answer is rescind the contract on the basis of fraud.
Refer below.
Explanation:
Creighton applies to BigData Corporation for a position as a software engineer. Creighton's resume lists training in computers or programming and background as an engineer when in fact he has neither. After Creighton is hired, BigData learns the truth. BigData can:
Rescind the contract on the basis of fraud.
