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.
It is traditional for families to clean their houses and the areas surrounding before the start of the new year. The word 'dust' in Chinese is a homophone for 'old', thus cleaning the house is symbolic of driving away the bad luck of the previous year to allow for a new start.
Which type of birdseeds do the birds prefer
By causing an increase in the industries
Humanistic psychologists believe psychological disorders result when it is blocked by self or others.
Humanistic psychology considers people as a whole. It sees the individual as a unique being and not a machine that needs to be programmed. It is an approach that understands individuals as thinking beings, with reason and emotion. Humanistic psychology understands that individuals are constantly seeking self-realization.
This segment of psychology focuses on how a person's behavior relates to their inner feelings and how they affect their image. For this, Humanistic Psychology seeks to know the individual in order to humanize their psychic apparatus.
To learn more Humanistic Psychology,
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