The monopolist is ______. a) an imperfect competitor and has a horizontal demand curve b) an imperfect
Question:
The monopolist is ______.
a) an imperfect competitor and has a horizontal demand curve
b) an imperfect competitor and has a downwardsloping demand curve
c) a perfect competitor and has a horizontal demand curve
d) a perfect competitor and has a downward-sloping demand curve.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The correct answer is b an imperfect competitor and has a downwardsloping demand curve Heres why Mon...View the full answer
Answered By
Munibah Munir
I've done MS specialization in finance’s have command on accounting and financial management. Forecasting and Financial Statement Analysis is basic field of my specialization. On many firms I have done real base projects in financial management field special forecasting. I have served more than 500 Clients for more than 800 business projects, and I have got a very high repute in providing highly professional and quality services.I have capability of performing extra-ordinarily well in limited time and at reasonable fee. My clients are guaranteed full satisfaction and I make things easy for them. I am capable of handling complex issues in the mentioned areas and never let my clients down.
4.60+
467+ Reviews
648+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. Which of the following is the best definition of economics? A. The study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided B....
-
Define the Dream Analysis technique. Describe what the Dream Analysis technique looks like in action. 2. What is the overall purpose of the Dream Analysis technique (what is the client supposed to...
-
The Plymouth Software Company has the following demand curve with MC = $10 and P = 100 Q with MR = 100 2Q. The company has option of charging monopolist price or perfect competitor price. Here it...
-
____, one-way ANOVA compares the means of three or more independent samples.
-
1. Calculate the debt-to-assets ratio for The Home Depot at February 2, 2014. Based on this calculation, was The Home Depot's financing more or less risky than Rona's at fiscal year-end 2013? 2....
-
Find the slope of the functions graph at the given point. Then find an equation for the line tangent to the graph there. h(t) = t 3 + 3t, (1, 4)
-
The concept of crowdfunding has a number of parallels in traditional Kenyan culture. Harambee is a long-used practice of collective fundraising for an individual obligation like a travel or medical...
-
Country Club Products Inc., manufactures and sells two pro- ducts, golf balls and tennis balls. Fixed costs are $100,000, and unit sales are 60,000 sheaths of golf balls and 40,000 cans of tennis...
-
points) Seward Co, uses a perpetual inventory system. Assume GST at 5% and PST at 7%. The following selected transaction occurred: July 5 Sold to Football Co., merchandise with a cost of $3,900 for...
-
A downward-sloping demand curve means ______. a) you have to lower your price to sell more b) demand falls as output rises c) demand rises as output rises d) total revenue declines as price is lowered
-
Which statement is true? a) All monopolists products have close substitutes. b) Most fi rms in the United States are monopolies. c) There are no monopolies in the United States. d) A monopoly is a...
-
Show the structures of the products obtained on reaction of valine with ninhydrin.
-
A company had a beginning inventory cost of $36,164. The ending inventory cost was $52,175. The cost of merchandise sold during the period was $184,874. Find the turnover rate at cost.
-
Midwest Shipping pays employees at the end of each month. Payroll information is listed below for January, the first month of the fisc year. Assume that none of the employees exceeds the Federal...
-
On September 18, 2024, Rose Company purchased 8,000 shares (9%) of Wozniak, Inc. stock for $39 per share. The market value per share of Wozniak's stock at December 31, 2024 was $44. On May 12, 2025,...
-
On January 1, 2024, Jackson Corporation issued $800,000, 10%, 10-year bonds at face value. Interest is payable semiannually on July 1 and January 1. Jackson Corporation has a calendar year-end and...
-
Carly is doing some shopping for her camping trip. She has budgeted 40% of the cost for food. If food will cost $150, what would be her budget for the trip?
-
Use the rules of measurements to add the following measurements: 1. 0.0250 s; 0.075 s; 0.00080 s; 0.024 s 2. 2100 N; 36,800 N; 24,000 N; 14.5 N; 470 N Use the rules for multiplication and division of...
-
For the following exercises, rewrite the sum as a product of two functions or the product as a sum of two functions. Give your answer in terms of sines and cosines. Then evaluate the final answer...
-
1. The presence of _______explains the negatively sloped portion of a long-run average-cost curve, and the notion of _______explains the horizontal portion of the curve. 2. Consider the information...
-
1. The presence of _______explains the negatively sloped portion of a long-run average-cost curve, and the notion of _______explains the horizontal portion of the curve. 2. Consider the information...
-
1. The presence of _______explains the negatively sloped portion of a long-run average-cost curve, and the notion of _______explains the horizontal portion of the curve. 2. Consider the information...
-
9 In March 2012, Yoshiro Inc.. decided to retire an outstanding bond issue before maturity. The coupon rate on the bond issue was 5%. The bond was issued in 2011 at an effective interest rate of 6%....
-
Which of the following is false regarding defined benefit pension plans provided to employees by a state or local government?Multiple ChoicePension requirements create a huge financial obligation for...
-
Letena Plc Ltd. is developing their manufacturing overhead budget for July, which is based on budgeted direct labor hours. The variable overhead rate is $4.40 per direct labor hour and 13,387 direct...
Study smarter with the SolutionInn App