« previous next »

Author Question: The demand curve facing a monopolist: a. is the same as its marginal revenue curve. b. is perfectly ... (Read 90 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

The human oxygen-hemoglobin dissociation curve. The human oxygen-hemoglobin dissociation curve.
a) Avoid locking your elbows. b) To avoid locking your elbows, keep your elbows facing sideways. a) Avoid locking your elbows. b) To avoid locking your elbows, keep your elbows facing sideways.
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ... Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
Bacteria growth curve Bacteria growth 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 ...
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library