kaliedeann2001 kaliedeann2001

25-03-2022
Business

contestada

The demand curve faced by a monopolistically competitive firm is.

Respuesta :

lelemonee28 lelemonee28

25-03-2022

Answer: highly but not perfectly elastic.

Explanation: It is elastic because the monopolistically Competitive seller has many competitors producing closely substitutable goods, the latter being a determinant of the elasticity of demand.

Answer Link

Otras preguntas

Which one of the following foods is an example of a healthy dessert treat?A. Lemon cream pie and dairy-based whipped toppingB. Frozen pudding with sliced alm

If the function F(x) represents the number of words that janet can type in x minutes, what is the possible domain for this function?

Will you write the names for the compound feo and fe2o3

factor the polynomial 64x^3-125

What is the importance of high membrane surface area to cellular function?

Identify which of Japan's major religions is being described in the following passage. Choose one of the following: Buddhism, Christianity, Hinduism, Islam, Jud

Is myxococcus bacteria prokaryotic or eukaryotic?

In terms of GNI PPP, excluding Singapore, the wealthiest nations of Southeast Asia are A. Thailand and Malaysia. B. Cambodia and Laos. C. Indonesia and Viet

If the function F(x) represents the number of words that janet can type in x minutes, what is the possible domain for this function?

Differentiate the function Y=(8x^4-x+1)(-x^5+5)