The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
Answer:
Johnson's vision of Reconstruction had proved remarkably lenient. Very few Confederate leaders were prosecuted. By 1866, 7,000 Presidential pardons had been granted. Brutal beatings of African-Americans were frequent.
Answer:
Borderline
Explanation:
Borderline personality disorder (BDP)
This is a type of disorder that is characterized by intense mental illness which is accompanied by pervasive instability in moods, interpersonal relationships, self-image, and behavior.
Symptoms of BPD
it is characterized by an individual being impulsive, having an intense bouts of mood for short period of time, self-injury, view themselves as bad and unworthy, may avoid being alone etc.
Answer:
The role of HR managers in healthcare industry is confined to managing safety and legal issues, ensuring efficient performance, and developing problem solving and decision-making skills. Job analysis and design is among the priority for HR managers working healthcare environment.
Explanation:
Answer:
The answer is B
Explanation:
This is a country of various ethnicities all coexisting with harmony.
