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.
That statement is false
Leading question refers to the question that is thrown out to obtain the answer that we want. If a mediator throw a leading question, both parties tend to directly blame each other which prevent the mediator to provide a solution. What the mediator should do is listening to both perspective first and used it as a basis to make a solution.
Answer:
C) It will not pass because most proposed amendments do not pass.
Explanation:
It is very hard to pass an amendment to the Constitution of the United States. The US Constitution states that an amendment can be proposed by the Congress or by a Constitutional convention called for two-thirds of the states legislatures. But the last option has never been used. Just the first one, when two-thirds of the Congress has a majority vote.
This means in the Senate and in the House of Representatives. And an amendment must be ratified by three-fourths of the states, this means, 38 of the 50 states. Then, an amendment becomes part of the Constitution.
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