kaliedeann2001 kaliedeann2001

25-03-2022
Business

contestada

The demand curve faced by a monopolistically competitive firm is.

Respuesta :

lelemonee28 lelemonee28

25-03-2022

Answer: highly but not perfectly elastic.

Explanation: It is elastic because the monopolistically Competitive seller has many competitors producing closely substitutable goods, the latter being a determinant of the elasticity of demand.

Answer Link

Otras preguntas

Which is the number, which when squared and added to 12 becomes seven times its value ?

Whats the equivalent fraction to 11/17

write an equation of the line that is: a) parallel to the line y=2x-4, and has a y-intercept of 7 b) parallel to the line y-3x=6, and has a y-intercept of

What is the tenth term in the sequence 5,8,11,14...?A. 29B.32C. 35D. 38

Let A={2,3} and B= {7,8}.write the power set of AxB.

What is the major difference between a solution and an ordinary mixture?

find the percentage decrease in the area of triangle if each of its side is halved. (by using heron\'s formula)

What ship did Christopher Columbus ride in?

What is the major difference between a solution and an ordinary mixture?

In a random sample of students at a middle school, 24 wanted to change the mascot, and 30 wanted to keep the current mascot. Which is the best prediction for ho