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diamong [38]
2 years ago
6

Million dollar question. does money equal happiness? Explain with a paragraph

Business
1 answer:
aliina [53]2 years ago
4 0
It depends on the person I would definitely be happy but that’s just me
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The benefits for employees who develop high-quality leader-member relationships include preferential treatment, increased job-re
GaryK [48]

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True

Explanation:

  • A good relationship between a leader and his/her employees will boost up the confidence among them. Moreover, the communication gap which exist otherwise, will no longer be found.
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3 years ago
The demand and marginal revenue for a perfectly competitive firm are______, whereas the demand and marginal revenue for monopoli
exis [7]

The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward

<h3>What is meant by marginal revenue?</h3>

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns. The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.

An individual, group, or business that dominates and controls the market for a particular commodity or service is referred to as a monopolist. Due to the absence of substitute products or services and competition, the monopolist has the ability to command high prices. According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.

Hence, The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward.

To learn more about marginal revenue refer to:

brainly.com/question/13444663

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1 year ago
The area that consumes the majority of a family’s income is
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The area that consumes the majority of a family’s income is Housing.

This is according to the Bureau of Labor Statistics' info for 2017.

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