Answer:
a. is more elastic than the monopolist's demand curve.
Explanation:
The correct option is a as of less control over the market price as compared to the monopolist
As the monopolist is the only seller in the market and the price maker too but the same is not happen with the monopolistic firm
Therefore the consumers would rise or decreased the demand as per the price
Hence, the correct option is a.
D. Even though the shipping time is longer, they should order the imported materials because they are less expensive and should arrive in plenty of time to build the product.
They have two years to build the product. They should go with low cost to save for unforseen complications, like unexpected increase in assembly price.
Answer:
c : principal
Explanation:
What do you need to provide in order to get secured credit?
An asset.
Answer:
The order, in terms of relative size, will be as follows:
(b) Consumption
(c) Investment
(a) Net Exports
Explanation:
The aggregate demand consists of the sum of four components which are government spending, consumption, investment and net exports.
Amongst which the consumption is the largest component of all, as it represents the total income spent by an individual or household on the goods and services in the economy. It's calculation is dependent of several factors such as disposable income, interest rates and future economic conditions.
Investment is the second largest component, after consumption, as shifts in it's value results in improvement/fall on the quality and quantity factors of production in the long run.
In terms of size when compared with the other components, the Net Exports stands as the smallest component. Practically due to the fact that it is calculated after deducting imports from exports.
Suppose a $3 per-unit tax is placed on this good. the per-unit burden of the tax on sellers is $1 .
Explanation:
The demand curve and the production curve are cross-secting before the tax level reaches $4.
The supply curve moves to the left when the tax of $3 was levied, so that the new price payable by consumers is $6 where the new supply curve and the demand curve intersect, while the seller collects $3 where the original supply curve and the demand curve intersects.
hence, the per unit burden of the tax imposed on buyers is $6 - $4 = $2
while the burden on sellers is $4 - $3 = $1