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

That it is the right of the subjects to petition the king, and all commitments and prosecutions for such petitioning are illegal. Which fundamental right is pro
What happened on Lexington Green on April 19, 1775?
NVM DONT NEED AN ANSWER
A teacher wrote the number 24 on the board, then the answer choices below. Which of the answer choices does not contain the number 2? a. irrational numbers b.
Which substance is considered a building block for all living things?
is every whole number a rational number?​
A space shuttle orbiting Earth travels a distance of about 64 miles in 8 seconds. What is the average speed of the space shuttle in miles per second? miles per
What caused the majority of African deaths on the middle passage?
During the first part of his tril,Coronado traveled along the coast of what ocean?
Round this number the nearest tenth 2.14