Answer:
$3.25
Explanation:
The new price for cigarettes will be the intersection point between the demand curves and the new supply curve.
Assuming S1 is the old supply curve without taxes and the new supply curve is S2 with taxes. The new price is the intersection of S2 and the demand curve, which is at $3.25.
Answer:
A. Competitive markets face perfectly elastic demand and marginal revenue, while monopolies face downward-sloping demand and marginal revenue.
Explanation:
In the case when competitive firms and monopolies generated at the level in which the marginal cost is equivalent to marginal revenue keeping the other things constant so the price should be less in the competitive market as compared to the monopoly because in the competitive markets it face perfectly elastic demand but in the monopoly it face the down ward sloping demand curve
Therefore the option a is correct
Answer:
Industrial-organizational psychologist
Explanation:
According to my research on the different types of psychologists, I can say that based on the information provided within the question Anna is most likely an Industrial-organizational psychologist. This type of psychologist study workplace productivity and management in order to solve problems in the workplace and improve the quality of life. Which is what Anna is doing in this situation.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Both countries can benefit from trade through specialization.
Explanation:
Specialization refers to the situation when an individual, organization or country focuses on available resources and instead of producing a lot of products, they produce what they may need.
A country achieves specialization by producing a greater quantity of the goods it can produce at lower opportunity cost.
Through specialization, both countries involved in trade can produce well in a larger quantities than they need to consume. They trade the excess goods and are able to consume at a point beyond their production possibility curve.
