<u>The only relevant difference between the </u><u>curves </u><u>for a </u><u>monopoly</u><u> and the equivalent ones for a firm in a competitive market is that </u><u>marginal</u><u> and </u><u>average revenue slope</u><u> downward for the </u><u>monopolist.</u>
What type of curve does a monopoly have?
- A monopoly encounters a downward-sloping market demand curve in Panel (b).
- It chooses its profit-maximizing output in its capacity as a profit maximizer.
- However, after determining that quantity, it uses the demand curve to determine the price at which it can sell that output.
What is a difference between a monopoly and perfect competition ?
While in monopolistic competition, businesses produce slightly different goods, in perfect competition, businesses produce identical goods.
How does a demand curve for a monopoly differ from a demand curve for a perfectly competitive firm?
Because the monopolist is the sole company operating in the market, its demand curve is identical to the market demand curve, which is downward-sloping as opposed to the demand curve for a perfectly competitive firm.
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truth, the expression is part of a telegram sent to Bill Haywood, in which Joe wrote, "Goodbye, Bill, I die like a true blue rebel. Don't waste any time mourning. Organize!" It wasn't Joe's last telegram; he sent another in which he implored Haywood, "Could you arrange to have my body hauled to the state line to be buried? I don't want to be found dead in Utah.
Answer:
The answer is (B) are high achieving and competitive.
Explanation:
Anorexia nervosa is a mental illness categorized as an eating disorder. People who suffer from this condition have an unrealistic view of their own body weight, where they always think that they are fat. These people tend to reduce their food intake in order to achieve their ideal body weight, one that is usually below the recommended level for their age and height.
Answer:
(a) Compute the return on investment (ROI) for the current year.
Current ROI 8.72%
Explanation:
Sales 3,018,000
- Variable Cost 1,979,808
- fixed cost 594,600
Operating Income 443,592
Operating assets 5,087,200
Return on Investment
ROI = 433,592/5,087,200 = 0.087197 = 8.72%
Answer:
Variable length and Fixed Length
Explanation:
When data base has a fixed length, then sequential search will not be appropriate. However, when database has a variable length then sequential search becomes appropriate
