--%>

Similarity between pure monopoly and market demand curve

The demand curve facing a pure monopoly is similar to the: (w) sum of demand curves which face pure competitors. (x) "kinked" demands at the going market price. (y) the market demand curve for its product. (z) the firm's marginal revenue curve.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Labor Unions-Sitdown Strikes Whenever

    Whenever unions and managers have failed to arrive at a collective bargaining agreement and workers reject to leave the production facility owned by firm, the union’s strategy is termed as: (i) Boycott or an embargo. (ii) Management lock-out. (i

  • Q : Economy in Bulgaria What is the economy

    What is the economy in Bulgaria like?

  • Q : Primary claimants to the firms income

    I have a problem in economics on Primary claimants to the firm’s income stream. Please help me in the following question. Primary claimants to the firm’s income stream would be least probable to comprise: (i) Entrepreneurs or owners of general stock. (ii)

  • Q : Positively sloped resource supply curves

    When the resource supply curves of facing a competitive industry are positively sloped, in that case the exit of firms which have incurred losses will result within: (w) higher prices and lower output by each firm, and higher average production costs.

  • Q : Lexicographic preference ordering I

    I have problem in this question. What is lexicographic preference ordering? Provide me correct answer of this.

  • Q : Important of economies of scale to

    Karl Marx's prediction which competition ultimately leads to monopoly is most likely to be valid while: (w) diseconomies of scale discourage competition. (x) there are always constant returns to scale. (y) economies of scale are important relative to

  • Q : Problem based on type of economy Tell

    Tell me the answer of this question. Economists would describe the U.S. automobile industry as: A) purely competitive. B) an oligopoly. C) monopolistically competitive. D) a pure monopoly.

  • Q : Question based on balance sheets Help

    Help me to solve this problem. Refer to the given balance sheets. If the reserve ratio is 25%, the maximum money-creating potential of the commercial banking system is: A) $36. B) $17. C) $48. D) $24.

    Q : Unexpected growth of inventories Can

    Can someone help me in finding out the right answer from the given options. Whenever the quantity of a good supplied surpasses the quantity demanded: (i) Unexpected growth of inventories will cause prices to drop. (ii) The present market price is beneath equilibrium.

  • Q : Wage Differentials I have a problem in

    I have a problem in economics on Wage Differentials. Please help me in the following question. The major determinants of the wage differentials comprise: (1) General human capital needs. (2) Working conditions. (3) Occupational crowding (4) Specific h