The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
Answer:
a) sensitivity analysis
Explanation:
Sensitivity analysis seeks to determine the effect of a variation of a particular item on its total value. That is, in the sensitivity analysis, several different variables are tested to understand the effect that each produces at the end of the process.
The British rule in India had mixed blessings. Indians spoke hundreds of different languages, so the introduction of English by the British served to unified Indians with the same language.
Hope this helps!!!
Conscious Marketing refers to creation of such a product as a bundle of utilities, so high on quality and meeting standards so as the corporate doesn't need to rely on marketing or advertising it's product.
In such a case, the consumers themselves recommend such products to one another which obviates the cost of massive marketing or advertisement expenditure by a corporate at the same time satisfying consumer wants. Corporate Social Responsibility(CSR) on the other hand is a wider concept which focuses upon satisfying stakeholders such as suppliers, consumers, employees and shareholders.
CSR calls for awareness on the part of a company to be socially responsible in deployment of natural resources, providing amenities such as drinking water, sanitation or taking up an educational initiative. CSR recognizes the fact that a business operates in a complex, dynamic environment and it must adapt to changes. Thus, CSR takes a holistic, ecosystem view of business as a complex, adaptive system.
Learn more about conscious marketing:
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Answer:
The correct option is : a.Help orient the audience
Explanation:
While delivering a speech, the words used to connect and establish a relationship between the various thoughts or points of a speech are known as connectives. Connectives are the essential components of a speech as they <u>allow the speech to flow smoothly and also help the audience to understand and focus on the speech.</u>
<u>Therefore, connectives help orient the audience.</u>
