FandomQueen4003 FandomQueen4003

21-01-2022
Business

contestada

What is the difference between a monopolistically competitive demand curve and a perfectly competitive demand curve

Respuesta :

breannajones511 breannajones511

21-01-2022

the demand curve for a perfectly competitive firm is completely elastic and a horizontal line. Monopolistically competitive demand curve is downward sloping and is more elastic than monopoly because there are more substitutes.

Answer Link

Otras preguntas

What is the prefix of undependable?

The first act of the stage that became WWI was between Franz Joseph and the _______.

Who found Australia

Probably the most important Supreme Court decision was ______ in which the court ruled ______.

Which 19th-century author is generally credited with creating the genre of the detective novel? (A) Edgar Alla

What African American helped Florida become a safe place to work and raise a family

What book analyzed the 1950s as a culture of conformity? The Feminine Mystique On the Road The Lonely Crowd The Catcher in the Rye Howl

If a scientist wanted to follow Mendel’s experiment with a different kind of plant, which type of plant would she examine?

Dalila earns $108.75 for working 15 hours as a holiday helper wrapping gifts.At this rate, how much money will she earn if she works 18 hours the next week?

John Chapelle wants to know if his video store customers are interested in a selection of classic, blackand-white movies. How could John simplify his survey to