« previous next »

Author Question: The monopolist's demand curve is: a. identical to the market demand curve. b. identical to the ... (Read 103 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
The monopolist's demand curve is:
 a. identical to the market demand curve.
  b. identical to the marginal revenue curve.
  c. below the marginal revenue curve.
  d. a horizontal line at the market price.
  e. a U-shaped curve.

Question 2

Assume the total utilities corresponding to the first four units of a product consumed are 8, 12, 14, and 15, respectively. The marginal utility of the second unit consumed is:
 a. 0.
  b. 4.
  c. 12.
  d. 20.


firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Jun 30, 2018
Thank you :)


firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Acromegaly in one individual from a pair of identical twins. Acromegaly in one individual from a pair of identical twins.
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
Identical Twin Identical Twin
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
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 ...
Identical twins (monozygotic twins) have the same sex and share a single genotype. Identical twins (monozygotic twins) have the same sex and share a single genotype.
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library