ogtreee ogtreee
  • 22-03-2016
  • History
contestada

A producer in a monopoly will charge______price for jeans than a jeans producer in a competitive market

Respuesta :

DieWalkure
DieWalkure DieWalkure
  • 22-03-2016
Higher; in a monopoly the producer can charge whatever it wants because that's the consumer's only source of that product. In a competitive market, it has to lower its price to outsell its competitors.
Answer Link

Otras preguntas

If a line slope of -1/2 contains the point (2,3), then it must also contain which of the following points?
simplify and show work please and thank you 4a-13=19
What do Czechoslovakia and Yugoslavia have in common?
what is d + 3 = 2(9 - d)
A driveway is 40 yards long. About how many meters long is it?
A(n) _____ is a psychological state that includes physiological, subjective, and behavioral elements.
a newspaper featuring a section on world news( essay) HELP PLZZZZZZZZ
given a right cone with radius r and slant height s, what does the formula pi rs represent
Mass, Volume, Melting Point, and Boiling point are all __________ properties. A. Phyiscal B. chemical C. Both D. neither
The length of each edge of a cube is 22 inches. The area of each face of the cube is square inches. The surface area of the cube is square inches.