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.
Because Anthony is actively disliked by many children in his class, then, we will classify him as a rejected child.
<h3>What does
rejected child means?</h3>
In peer context, a rejected child refers to a child who is constantly left out and always disliked by his or her peers with or without reasons.
In conclusion, as he is rejected child, he is more likely to be more withdrawn from the society.
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Answer: The history of the Peloponnesian war.
Explanation:
<span>In America’s version of federalism, power is shared b</span>etween the state and federal governments.
Answer:
The correct answer for this question is B. closed stratification system.
Explanation:
This concept refers to the inability to move between the layers of a social system.
