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:
Tradition reinforces values such as freedom, faith, integrity, a good education, personal responsibility, a strong work ethic, and the value of being selfless. Tradition provides a forum to showcase role models and celebrate the things that really matter in life.
Explanation:
Traditions are important in our lives and provide many benefits. We intentionally create and continue traditions because they provide a sense of belonging and meaning to our lives. Family rituals nurture connection and give us comfort. ... Traditions also provide a constant for us in an ever-changing and fast-paced life.
Answer:
D. rebuttal
Explanation:
After the defendant's attorney has finished calling witnesses, the plaintiff's attorney can call witnesses and put forth evidence to rebut the defendant's case. This is called a <u>rebuttal</u>. Rebuttal is the argument a plaintiff's attorney makes to weaken the case of the defense counsel. It involves the presentation of evidences to contradict or nullify whatever point or submissions that have been made by the defense attorney.
Answer:
The correct answer is: Steering committee
Explanation:
Steering committee is a committee that guides and monitor projects in an organization. It is a group of senior managers or experts that work along with CIO to make important decisions, set priorities, provide guidance and assistance, monitor progress, resolve conflicts and make policies for the company.
