Answer:
By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.
Explanation:
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Answer:
B. 200%
Explanation:
I don't know what NOO is, but 200% of 5 is 10.
that means an increase in $10, making it $15.
Hi there,
The law of diminishing marginal utility states that the marginal utility of a good or service declines as its available supply increase.
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Answer:
Insatiation
Explanation:
Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants
Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human
I<span>f the pedals or other parts are defective, strictly liable for any damage caused by the defects are both </span>Fine Motor and General Mechanix. Fine Motor because it is the company that buys the defective parts,does not check their quality, puts them in the vehicles and sells them. General Mecanix because is the company which produces the defective parts.