Chlover9564 Chlover9564
  • 03-12-2017
  • Business
contestada

What is the relationship between a​ monopolist's demand curve and the market demand​ curve?

Respuesta :

Kalahira
Kalahira Kalahira
  • 15-12-2017
For a monopolist, both marginal revenue and demand are downward-sloping curves. Marginal revenue will always be less than demand for a given quantity. This is because a monopolist's demand curve is the same as its average revenue curve, and for a monopolist, both average and marginal revenue will decrease as quantity increases.
Answer Link

Otras preguntas

Find inverse for Y=2x-7
One paradox about the hollow men is that they are — a. sightless and seeing c. hollow and stuffed b. faithless and faithful d. intelligent and well-read
A bus travels 36 miles in 45 minutes. How many miles will it travel in 60 minutes at this rate?
The copying mechanism of DNA is most like a. using a photographic negative to make a positive image b. mixing flour, sugar, and water to make bread dough c. j
Axon diameter and degree of myelination determine nerve impulse conduction velocity. True or False?
Please help me out with this question, THANKS!
Read the sentence. Write an adjective to add more detail about the boldfaced noun. In 1920, suffrage was finally achieved.
Calculate the approximate volume of a 1.50 mol sample of gas at 15.0oc and a pressure of 3.75 atm.
A frog catches insects for his lunch. The frog likes to eat flies and mosquitoes in a certain ratio, which is shown in the diagram. The table shows the number o
Please answer this question, will give brainliest!