The attached graph shows the required curves to be drawn. One of the curves is called the Marginal Revenue Curve.
<h3>What is a marginal revenue curve?</h3>
At the market price, the marginal revenue curve is a horizontal line, suggesting completely elastic demand, and it is equal to the demand curve.
Monopoly occurs when one corporation is the exclusive vendor of a distinct product in the market.
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Full Question:
The graph shows the market for smart rackets.
Suppose the profit-maximizing output is 160,000 smart rackets.
Draw the firm's marginal revenue curve. Label it MR.
Draw the firm's marginal cost curve. Label it MC.
Draw a point at the profit-maximizing output and price.
Draw a shape to show the firm's economic profit. Label it.
Answer:
Human capital
Explanation:
The term human capital refers to the economic value of a worker's experience and skills. Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
1. TRUE. The Consumer Law was to help prevent or detect business frauds.
2. Written Contracts (Oh gosh I really dont remember this one. You should double check this
3. C.
The action which best illustrates a character vs. character conflict is: D. Mr. Hyde clubs and tramples the old gentleman to death in the street.
<h3>
What is a character?</h3>
A character can be defined as an individual or inanimate object that performs an action in a literary work such as a play and story.
<h3>
What is a character conflict?</h3>
In English literature, a character conflict arises when there is a physical altercation or fight between two or more characters, especially due to a misunderstanding or differing opinions.
In this scenario, the action which best illustrates a character vs. character conflict is when Mr. Hyde clubs and tramples the old gentleman to death in the street.
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