1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arada [10]
3 years ago
7

The demand curve faced by a pure monopoly isa. vertical.b. horizontal.c. upward sloping.d. downward sloping.

Business
1 answer:
svlad2 [7]3 years ago
3 0

Answer:

Downward sloping

Explanation:

In a market condition of pure monopoly, there is a single firm operating the whole market and managing all the buyers. All the buyers in this market condition are price takers because the price is set by the monopolist.

The pure monopolist faces the downward sloping demand curve which shows the inverse relationship between the price of the good and the quantity demanded and they can obtain the economic profits in the long run because of the restrictions over the entry of the other firms.

You might be interested in
In general, trademark protection prevents another firm from using the same or a similar name, logo, or other identifying charact
photoshop1234 [79]

Answer:

True

Explanation:

Firms and organisations need to register their companies as this helps them to avoid any problem related to the company's name and trademark in the future. Furthermore, trademark protection prevents another firm to copy another firms name, logo or tagline which can create confusion in the minds of potential buyers. Trademark protection costs a very minimal amount but protects a company's name.

6 0
3 years ago
What quality does an organizational structure reflect?
34kurt

The quality an organizational structure reflects is that you'll be able to find everything easier and it'll be more professional

8 0
3 years ago
Read 2 more answers
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
makvit [3.9K]

Answer:

$133,000 decrease

Explanation:

The computation of the impact on the operating income is shown below:

Sales for the year    $1,052,000

Less:

Variable cost -$862,000

Contribution margin $190,000

Less:

Fixed cost for 30% of $190,000   -$57,000

Impact on the operating income $133,000

This amount reflects the decrease in the operating income

5 0
3 years ago
Prepare general journal entries to record the following transactions for the Harris
e-lub [12.9K]

31/12/2013 bad debts expense  800$

                                      Provision for bad debt expense    800$

                       Provision for bad debt    60$

                                                                Debter   60$

                        Provision for bad debt   75$

                                                          Debter   75$

                        Provision for bad debt  45$

                                                           Bad debt recovery income 45$

                        Provision for bad debt   100$

                                                        Debter  100$

                                Provision for bad debt  25$

                                                                Bad debt recovery income  25$

7 0
3 years ago
Read 2 more answers
The slope and position of the long-run aggregate supply curve
malfutka [58]
<span>Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply.

__ The price level
__ The inflation rate

Suppose the economy produces real GDP of $50 billion when unemployment is at its natural rate.
(graph goes here)
Suppose the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to (rise / fall) which will:
__ Shift the long-run aggregate supply curve to the left


Direction of LRAS Curve Shift:
Many workers leave to pursue more lucrative careers in foreign economies. (Left )
For environmental and safety reasons, the government requires that the country's nuclear (Left)
power plants be permanently shut down. (Left )
An investment tax credit increases the rate at which firms acquire machinery and equipment. (Right)</span>
5 0
3 years ago
Read 2 more answers
Other questions:
  • RISK vs. Return Math Quiz
    15·1 answer
  • On October 1, 2021, a company sells $800 of gift cards to customers. The gift cards expire one year from the date of sale. By Oc
    10·1 answer
  • "The board of directors of Capstone Inc. declared a $0.70 per share cash dividend on its $3 par common stock. On the date of dec
    9·1 answer
  • Lindsay needs to purchase a car. The car she is planning on purchasing costs $8,000 and she has $2,000 that she will be using as
    10·1 answer
  • Deep Water Marina has 12,000 shares of stock outstanding that were sold to the general public last year. The firm has just decid
    14·1 answer
  • You own a portfolio that has $3,100 invested in Stock A and $4,200 invested in Stock B. Assume the expected returns on these sto
    13·1 answer
  • People consider Ethan to be an honest person. Which of his actions best exemplifies this trait?
    9·2 answers
  • Red Co. reported cash paid for interest of $55,000 in its statement of cash flows for the current year. Red did not capitalize a
    15·1 answer
  • Within which time period must a Purchase Money Security Interest ("PMSI") creditor in goods, other than inventory or livestock,
    7·1 answer
  • se the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $36,681 Accoun
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!