Compared to a perfectly competitive firm, the demand schedule of a monopolistically competitive firm faces <u>downward-sloping demand curves</u>.
A monopolistic market is a theoretical situation that describes a marketplace in which only one agency might also provide products and services to the public. A monopolistic market is the other of a perfectly competitive marketplace, in which an endless variety of companies function.
Monopolistic opposition exists while many businesses offer competing products or services which might be similar, but not best, substitutes. The barriers to access in a monopolistic competitive industry are low, and the choices of anyone firm do now not directly have an effect on its competition.
A monopoly has management over the supply of the product but though it can are seeking to influence the demand, it does not have management over it. In truth, a monopoly has to make a preference. it may set the price, but then it has to just accept the extent of income, consumers is prepared to buy at that fee.
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Answer:
so childhood, is when your learning everything, up to the point where your're an adult, so basically, you're learning, to eat, walk, speak, and basically the important stuff, and an adult is always busy, no matter what, they are always busy, in some way, and don't have much time to make friends like kids do
Answer:
16 cupcakes
Explanation:
U(C, M) = C⁰°⁵ x M⁰°⁵ = √C x √M
total utility obtained by eating 16 cupcakes and 4 muffins = √16 x √4 = 4 + 2 = 6
since the bakery is out of muffins, then utility function = √C x √2 = √C x 1.4142
√C x 1.4142 = 6
√C = 6 / 1.4142 = 4.2426
C = 4.2426² = 18
since there were 2 cupcakes left, Christopher must purchase 18 - 2 = 16 cupcakes
Since 1986, it has increased every decade. The points in 1986 were between 60 and 90 million employees. It increased to over 90 million 10 years later, in 2006, and it reached up to 90 and 120 million employees.
The reason why it is difficult for Rivals to challenge atlas
door is probably because of the high threat of substitutes in which the rival
fears that the atlas door will replace them and send them off out of the
business when they are overpowered by the other party.
