Author Question: The demand curve facing a monopolist: a. is the same as its marginal revenue curve. b. is perfectly ... (Read 54 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
The demand curve facing a monopolist:
 a. is the same as its marginal revenue curve.
 b. is perfectly elastic.
 c. is perfectly inelastic.
 d. is less elastic than a perfectly competitive firm's demand curve.

Question 2

Tariff accounts for 32 of the total government revenue in the U.K. and only 1.2 in India.
 a. True
  b. False
  Indicate whether the statement is true or false



bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library