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>
Explanation:
Maiti Nepal an organization devoted to combating human trafficking including violence against women and children; is engaged in protection, rescue and rehabilitation of survivors of trafficking by promoting their human rights in diversified avenues.
Answer:
3. .a comparison that uses the words like or as
Explanation:
The answer is D. it cannot change during a president's term.
<span>My backup is this: "The </span>President<span> shall, receive </span><span>a c</span>ompensation<span>, which shall neither be increased nor diminished </span>during<span> the Period for which he shall have been elected."
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Hope I helped,
Ms. Weasley
