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.
Only the most powerful <span>samurai got land for
their military service, most of them that earned land didnt live on it but they did profit from it. The farmers who worked on the land gave the samurai money or food every year</span>
Answer:
In economics a demand is defined as the quantity of goods and services that customers are capable to buy and that they find desirable to buy at a particular price for that period of time .
Demand is dependent on the customer's needs and wants each customer may have different things that they consider to be needs to them and those they consider as just wants.
This also depends on affordability, if one doesn't have the money to buy the product then the demand isn't effective.
When the price of the product rises usually it's demand decreases and vice versa when the price fall the quantity of that product demanded will increase.
I’m pretty sure I read about this is school basically a bunch of school kids who were black went to a White only cafe and sat at the counter and refused to move kinda like Rosa Parks did on the bus they were beaten and yelled but yet they refused to move I think some got arrested pls look this up and double check that’s just what I learned It was this also isn’t the only sit in but I just find this most fascinating since they were young students who made an impact
