Answer:
number 1 is a 2 is c and 3 is a
Explanation:
The correct answer is the founding values and principles of the country
America is founded on a strong democratic and idealistic standing. America also has a rich history from which it borrows. This includes the calamity of the Civil War and the lessons learned
Answer:
I think its the 2nd one sorry if Im wrong
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>
