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bija089 [108]
3 years ago
12

The demand curve for a monopoly is horizontal because the demand is perfectly elastic. upward sloping. vertical because the dema

nd is perfectly inelastic. downward sloping. undefined because it is the only supplier in the market.
Business
1 answer:
timama [110]3 years ago
4 0

Answer:

Downward sloping

Explanation:

According to the law of demand, this law states that there is a inverse relationship between the price of a commodity and the quantity demanded for a commodity. This indicates that as the price of the commodity increases then as a result the quantity demanded for that commodity decreases and as the price of the commodity decreases then as a result the quantity demanded for that commodity increases.

Monopoly refers to the market conditions in which there is only a single firm operating in a whole market.

Hence, due to this inverse relationship between the price and the quantity demanded, the demand curve for a monopoly firm is downward sloping.

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Ayayai Corporation traded a used truck (cost $20,800, accumulated depreciation $18,720) for a small computer with a fair value o
Ierofanga [76]

Answer:

See below.

Explanation:

Journal entries to record the transaction are as follows,

Debit Computer account with $3,432

Debit Accumulated depreciation account with $18,720

                                                 Credit Truck account with $20,800

                                                 Credit Cash Account with $520

                                                 Credit profit on sale of asset with $832

This the journal entry that balances the books by targeting appropriate accounts.

Note that accumulated depreciation account has a credit balance as it is an asset reducing account.

Hope that helps.

3 0
3 years ago
Analysts say visitors stay an average of how many seconds on any webpage?
Luda [366]
The answer is c. 10-20 seconds
3 0
3 years ago
Read 2 more answers
Josh earns $8.25 per hour and works 28 hours per week how much money will Josh earn a year show your work will mark brainiest
Sunny_sXe [5.5K]
So it’s 8.25 times 28 =231 hours
And there are 356 days in a year so 356 times 231 =82236 and that’s the answer hope I helped and get brainiest answer!
4 0
3 years ago
What is not a reason that people have trouble saving for emergencies?
Studentka2010 [4]
They are too wealthy?
7 0
3 years ago
A manager is applying the Transportation Model of linear programming to solve an aggregate planning problem. Demand in period 1
DanielleElmas [232]

Answer:

<u>125 (hours)</u>

<u>Explanation:</u>

Remember, the Linear programming model is simply a technique used to optimize a particular set of processes.

Note the statement from the question, "the manager has 125 hours of regular employment available for $10/hour each period." Which means this would form part of the constraints of the linear programming model.

In other words, the number of total hours available in period 1 is 125 hours.

7 0
3 years ago
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