Answer: B. If the market demand curve becomes more elastic, the firm's demand curve will become more elastic
Explanation:
Monopoly is a market structure whereby there is just one single supplier for a particular good or service. The monopolist controls the price.
We should note that the monopolist enjoys market power due to theofact that its product has an inelastic demand that is, a price change will have a minimal impact on the demand.
But the monopoly power will reduce in a case whereby the market demand curve becomes more elastic, then the firm's demand curve will become more elastic as well.
Answer:The most correct alternative of this question would be D: i., ii., and iii.
Explanation:
QUESTION Options:
a.identify strongly with the victim.
b.disparage the victim.
c.disparage the oppressor.
d.become very concerned with our own situation out of fear of suffering in the future.
Answer: Disparage the victim.
A just world hypothesis is the assumption that an individual's action is naturally likely to bring morally fair results or actions to that individual such that all honourable actions are rewarded and and evil actions are punished.
To defend our belief in a just world, when we see an individual suffering, we conclude that the suffering is as a result of their evil actions.
