The above figure illustrates the demand curve for a good. The good has
A) no substitutes.
B) only one substitute.
C) only a few substitutes.
D) many substitutes.
A
Economics
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Comment on the following statement: "For a monopolist, marginal revenue is always equal to price."
What will be an ideal response?
Economics
If your supplier becomes more profitable
a. you become more profitable by acquiring it b. you become less profitable by acquiring it c. acquiring it will make you more profitable if there are no synergies to exploit d. unless there are synergies to exploit through acquisition, acquiring it will not make you more profitable
Economics