The shara desert————————————
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 Northern states continued its rapid industrialization to extinguish the rebellion. On the other hand, Southern states had a smaller industrial base with fewer rail lines & an their agricultural economy was based on slave labor. Slave labor was much cheaper than paying someone for the job.
Explanation:
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Answer:
B. Not be liable because Young did not have authority to enter into the contract.
Explanation:
For a better understanding, I would go over specific details in this question. Wilson is the sole proprietor and from this question it is obvious that he is also Mr Young's client. Mr Young is the purchasing agent who despite knowing the court ruling on Wilson still went ahead to place this order with little contact from Wilson.
So since he did this, it is obvious that he acted on his own accord so Wilson or his representatives are not going to be liable for Young's actions.