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>
Answer:
The NS eventually becomes a conditioned stimulus (CS).
Explanation:
In classical conditioning, a conditioned stimulus can be defined as a neutral stimulus that has become associated with an unconditioned stimulus and, eventually, begins to trigger a conditioned response. A classical example is ringing a bell (NS) at the same time you offer food (US) to a dog. The dog will salivate (UR) because of the food, not because of the bell. However, if you repeat this several times, eventually the sound of the bell will go from a neutral stimulus (NS) to a conditioned stimulus (CS). It will begin to trigger the now conditioned response of salivation (CR), even if there is no food.
Both declarations were similar because both of them declared rights of people (and even the peasants) and affirmed that government must protect individual rights. Also, both documents emphasized basic principles such as freedom, equality, and natural rights for men based on Enlightenment ideas brought by well-known philosophers such as John Locke.
Answer:
Trait Theory
Explanation:
The Trait Theory explains leadership in terms of the innate characteristics of individuals who are leaders. The trait theory argues that successful people share some common personality characteristics known as "traits". Some of these common traits are integrity, empathy, assertiveness, good decision-making skills, and likability.
Explanation:
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