Because of the perceived downward sloping nature of a monopolist’s demand curve, the monopolist will charge a relatively low price at a<u> high level of output.</u>
<h3>What is demand curve?</h3>
Demand curve can be defined as a curve that help to show the relationship between the quantity of a product that is demanded and the price of the product at a specific period of time.
Hence, , the monopolist will charge a relatively low price at a high level of output based on the fact that in a situation where monopolist increases its output, he will tend to get a price.
Learn more about demand curve here:brainly.com/question/17166820
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The main outputs of the developing the project team process are team performance assessments and enterprise environmental factors updates.
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Photon
Production planning ,production control , quality and cost control and inventory control
Frances must stand by his ethical standards and defer his plans to market the product.
Explanation:
Frances is stranded amidst classic case of an ethical dilemma. The ethical dilemma is an ethical perspective which puts a person in a state of to do or not. This is common and everyone undergoes through this phase for more than once in his/her lifetime.
The dilemma arises due to the substantiative profits that he can earn from marketing the product and his ethical concerns that the product is harmful for a section of the user. He needs to stick to his ethical standards and put the products to more rigorous tests and research. This would enable him to market his products in the future with some twitches and upholding his ethical concerns too.
Answer: Protective tariff
Explanation: Protective tariffs are basically designed to protect the domestic producers from foreign competition. These tariffs raise the retail price of imported products making them expensive in comparison to domestic products and thereby making domestic products more competitive.
Thus, by placing a tax on imported equipment in order to make it more expensive, these industries hope that <em>Protective tariff</em> will allow u.s. producers to be more competitive.
