« previous next »

Author Question: The monopolist faces: a. a perfectly inelastic demand curve. b. a perfectly elastic demand curve. ... (Read 126 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
The monopolist faces:
 a. a perfectly inelastic demand curve.
  b. a perfectly elastic demand curve.
  c. the entire market demand curve.
  d. all of these.

Question 2

The law of diminishing marginal utility exists for the first four units of a good if they have marginal utilities of:
 a. 1, 2, 4, 8.
  b. 8, 4, 1, 2.
  c. 4, 8, 2, 1.
  d. 8, 4, 2, 1.


sokh

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Faces Faces
How to find the equation of a cosine curve How to find the equation of a cosine curve
J or U dose-response curve J or U dose-response curve
An Environmental Kuznets Curve An Environmental Kuznets Curve
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Skin Cancer

For a complete list of videos, visit our video library