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: b. a system legitimated by the public but also protected from the possible dangers of the public’s power
The correct answers are: extrinsic; intrinsic
1. Extrinsic motivation- When Carlton's motivation to attend class regularly is to avoid losing class participation points, he is extrinsically motivated. Extrinsic motivation refers to motivation that arises from external factors or rewards, rather than factors internal to a person. In this instance, Carlton's motivation to attend class stems from an external factor (not losing class participation points) rather than internal factors.
2. Intrinsic motivation- When Clarissa attends class regularly because she enjoys the activities in it, she is intrinsically motivated to attend the class. Intrinsic motivation refers to motivation that arises from factors within a person, rather than external factors or rewards. Here, Clarissa is not attending class regularly for the purpose of securing participation points or some other external rewards, she is doing so due to factors internal to her.
Answer:
a. The farmer plays a bigger role in the landscape than Icarus.
Explanation:
