The amount that the company is worth at that exact time
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
Based on the scenario, one risk to this effort is cannibalization. Cannibalization in business is being
defined as a situation in which the new product that are released will likely
take the demand and sales of another existing product or the competition of
this new product that will result the overall sales to be reduced even if the
new product sales are increasing.
Answer:Cost of goods sold is the expense of buying and preparing merchandise.
Explanation:
Scientific because biology is the study of living organisms.
