A monopolistic competitor has a demand curve that is ____ elastic than a perfectly competitive firm’s demand curve and ____ a monopolistic firm’s demand curve.

Answers

Answer 1
A monopolistic competitor has a demand curve that is less elastic than a perfectly competitive firm’s demand curve and more downward slope than a monopolistic firm’s demand curve. The reason why is that a perfectly competitive firm, belongs in a market without any  barriers of entry or exit, therefore should an increase in price in the said market happen the demand for the product will vanish. Compared to a monopolistic competitor where different firms have a small amount of control on the market, making changes in the prices will not completely relinquish the demand for the product since there are other suppliers of similar products. As for the downward slope of the competitor against the monopolistic market meaning that the different firms have market power, which would allow them to possibly change the price of the products.
Answer 2
Final answer:

A monopolistic competitor's demand curve is more elastic than a perfectly competitive firm's and less elastic than a monopolist's.

Explanation:

The demand curve for a monopolistic competitor is more elastic than a perfectly competitive firm's demand curve and less elastic than a monopolist's demand curve. A monopolistic competitor faces competition from similar products, making its demand curve more elastic than a monopolist's, which has no direct competition.

However, the monopolistic competitor's demand curve is generally less elastic than that of a perfectly competitive firm. To typically maximize the overall profit, a monopolistic competitor will produce the quantity where marginal revenue equals marginal cost and charge the price indicated by its demand curve.

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Related Questions

Both bentham and mill hold that some pleasures are better in kind than others.
a. True
b. False

Answers

That statement is false
Both bentham and mill were a true utillitarian
Which means that they believe that every actions taken should always be based on the marginal value that the actions give. Pleasure is never been an equation in both of their views

Generally, emerging adulthood is characterized by _____ health.

Answers

Generally, emerging adulthood is characterized by  Optimal health.
During this age group, out body's immune system is at the peak of our lives. Our metabolism is also really great, allowing us to regenerate broken cells way faster than the older people. Our bone density should also be included in calculating the optimal health

In which pair of students do we see a distinct difference in cognitive style?

Answers

The answer to the question above is this: During a lecture, David learns more from what the teacher says, whereas Donna can more easily remember the pictures and diagrams the teacher presents.

So, in Psychology, cognitive style is defined as how one person perceives and processes a certain information, thought, or idea. Cognitive style differs from one person to another depending on how the individual thinks. In the given answer above, the lecture given by the same teacher is the same. But David and Donna differ on how they perceive the teacher's discussion. David understands more by listening, while Donna understands more through pictures and diagrams.

According to research presented in the text, students shot a roll of film and printed two photographs. some were told that they could exchange the one they chose to keep within five days, but others were told that their choice was final. what was the independent variable of this experiment

Answers

The independent variable would be the photographs. The independent variable is the variable that is not affected by any changes in any variable. In this case, the photos remains constant no matter how the much the students like each. The dependent variable will be the degree of likeness the student has for the photos.

A scientific law

cannot be questioned
cannot be understood
cannot be discovered
cannot be broken

Answers

Cannot be broken. I think that's what it is.
A scientific law cannot be broken. This answer can be found simply through process of elimination. Anything can be questioned, which is how most laws are discovered, which brings me to my next point. Of course a scientific law can be discovered! How else would its existence be known? Finally, a scientific law can be understood as I understand (just as a basic example) Newton's First Law. This only leaves Choice D left.

Mr. barlow is seeking a therapist to help him cope with his son’s drug abuse. he wants to see someone who will give him clear, direct advice about his problems and will help him accomplish goals in a few sessions. mr. barlow would probably be most satisfied with a(n) __________ approach.

Answers

Mr. Barlow would probably be most satisfied with a time-limited, direct approach.
Given that he wants to solve this problem in a few sessions, he needs a time-limited approach. He wants the therapist to help him in a matter of few sessions, which is why his time is limited. He also needs a directive approach, because he wants clear, direct advice which will solve his problems immediately.

Butch, a gifted musician, alternates between periods of dark despair and times of elation, great energy, recklessness, and creativity. he seems to be most prolific during periods of mania. butch is most likely to be suffering from _____.

Answers

Final answer:

Butch is most likely suffering from bipolar disorder, a mental illness characterized by episodes of mania and depression. This disorder could explain his alternation between high creativity and dark despair, paralleling historical examples of emotional extremes in artists.

Explanation:

Based on the description of Butch’s alternating periods of despair and elation, great energy, and creativity, he is most likely suffering from bipolar disorder. This mental illness is characterized by distinct periods of depression and mania, where an individual may experience intense emotions and a fluctuation in mood, energy, and ability to function. During manic phases, individuals like Butch often exhibit a high level of creativity, as mentioned, alongside impulsivity and increased activity.

Historical cases and representations of artists, such as Picasso during his blue period, have shown that emotional extremes can influence creative output, paralleling Butch's condition. Bipolar disorder often requires professional treatment to manage the symptoms, which can include both medication and psychotherapy. It is important for individuals experiencing such symptoms to seek medical advice.

Which anxiety disorder has the highest lifetime prevalence in the population?​?

Answers

Specific Phobia  has the highest lifetime prevalence in the population
Specific phobia is a type of disorder that make a person experience an unreasonable amount of fear towards a specific objecy/situation. In united states, more than half of anxiety disorders could be categorized as a specific phobia

Durkheim theorized that the rapidly changing conditions of modern life lead to anomie. how did he define anomie

Answers

the way he define anomie is: Normlessness, or loss of social connection
According to durkheim, the competitiveness in modern-day work place increase the individualistic nature in all people.
In a long time, this lead to poke bit caring for each other and loss in social connection.

Sue ellen needs a new couch because the cushions are all worn and the sides torn on her current couch. she wants to buy a replacement before her parents visit in 2 months. this is an example of a(n) __________-term goal.

Answers

this is an example of a Short term goal
A goal could be considered as 'short term' if that goal is aimed to be realized within the period of less than 1 years.
Most of the goals that fall into category usually do not involved in major life decisions (such as careers or relationship goals)

When pearl was in high school, she constantly worried about her relationships and her school achievements. now that she is older, she worries about her health and the environment. this change in the focus of her worrying is due to
a. a basic tendency.
b. temperament.
c. the reticular activation system.
d. characteristic adaptation?

Answers

I believe this change in the focus of her worrying is due to D. characteristic adaptation.
As she grew older, she realized that worrying about school and relationships constantly is not really that important, and that there are far more pressing issues in the world around her. Thus, she adapted to her environment and her qualities changed for the better.

Why is it important to explore traffic behavior when designing a network?

Answers

Not understanding activity conduct could make a noteworthy influence while attempting to construct another system or redesign another system. When assembling another system it's vital to get the realities of what the organization will send to one goal to another. Are they going to be utilizing sure applications that require loads of data transmission that can back off movement to different parts of the system. Is QoS going to be expected to ensure voice can make the associations it needs without losing bundles all through the system. These are vital strides, on the grounds that by not planning another system to deal with applications that need a considerable measure of data transfer capacity or making the voice in the system need, it will make the system be moderate and cause dormancy and enormous deferrals for the applications requiring that transmission capacity.

Why might contemporary, mainstream psychologists reconsider the possibility that extrasensory perception, or esp, exists?

Answers

the reason why contemporary, mainstream psychologists reconsider the possibility that extrasensory perception, or esp, exists is: The topic has been addressed by a credible and prestigious psychological journal.
The theory based on the scientific findings that found that Most human only used 10% of our brains. We still don't know our brain full capabilities when we're using it 100%

how did clans' nomadic lifestyle affect their interaction with other cultures

Answers

It increased their chances of meeting other groups as they traveled from place to place.

Answer:

It increased their chances of meeting other groups as they traveled from place to place.

Explanation:

Nomadism was the lifestyle of the first men on earth. This life form was abandoned around 10,000 years ago when humans learned to plant. The nomadic lifestyle corresponds to people who did not have fixed housing. They did not stay in one place. Nomads are the hunter-gatherer type, meaning they live by hunting, fishing and gathering food. When they need it, they move to look for better living conditions.

The clan's nomadic lifestyle affected their interaction with other cultures because it increased their chances of meeting other groups as they traveled from place to place.

Recent changes in the medicare system have affected the quality of health care that arnold's elderly aunt receives. these changes do not affect arnold directly, but urie bronfenbrenner would say they affect arnold's development because they are part of arnold's __________.

Answers

The answer to this question is the "Macrosystem" which is also composed of cultural values, customs, laws and others. As per the recent changes in the medicare system where it affected the quality of the health care that Arnold's family especially the elderly aunts receives. These type of changes do not directly affect Arnold but as per the Aurie Bronfenbrenner would say that they changes would affect Arnold's development because they are part of Armold's Macrosystem.

_____ refers to the fact that symptoms sometimes improve during treatment simply because clients often wait until symptoms are at their worst before seeking treatment; when you're at the bottom, there is no place to go but up.

Answers

Natural improvement refers to the fact that symptoms sometimes improve during treatment simply because clients often wait until symptoms are at their worst before seeking treatment.Natural improvements happen because Every human have our own immune system that will naturally repair every cells in our body whenever we got sick.

Why does capitalist market theory have limited applicability to nonstate societies?

Answers

That is because the economic sphere is intertwined in other spheres of life in non-state societies

In state societies, the economy is a separate entity from the life of the people but the people do participate in it. It is regulated by the state and applies to all equally. In non-state societies it's much more close to people because it's a part of everything they do.

Jordan plays his two new video games everyday. after a month of continually playing these games, jordan starts finding these games boring and wants some new ones. jordan's behavior is consistent with which theory of motivation?

Answers

The theory of motivation that Jordan's behavior is consistent with is the arousal theory. The arousal theory enables a person to have the feeling of excitement or to be drawn to a particular thing that could be of interest to him or her and it would lead him or her to feel the opposite way if he or she does not feel excited about the activity that he or she is doing or what he or she makes him feel aroused or excited. It could be seen at Jordan's behavior above.

A person's confidence and faith in another person's goodwill is called: trust reputation responsibility moral standing emotional value

Answers

The answer to this question would be the first option: TRUST. Trust is also defined as a firm belief over something or on someone. Trust is being shown when you are confident that you can rely to something or someone that is true and able. In other words, trust is feeling assurance and faith.

Juan does not feel as though he is a male and is upset that his body does not match how he feels. he is experiencing _____.

Answers

juan is feeling emotions 

Answer:

Gender Dysphoria

Explanation:

Science has shown that gender formation occurs during pregnancy and usually accompanies biological genital development. However, in some cases an exception occurs in which people are born with certain biological genitalia but have a different gender identity. It's transsexual people.

The sign of transsexuality is exactly what is described in John's case. The person does not identify with the biological genital. Transsexuals are distinct gendered individuals trapped in the opposite biological body. These people suffer from it and must be evaluated and dealt with to correct the problem that afflicts them. And, of course, they must be accepted and respected by society.

According to pierre bourdieu, in a consumer society, lifestyle choices and taste:

Answers

Pierre Bourdieu claimed that lifestyle choices and taste are instrumental in creation of social classes. People build classes not around money or careers, but around what their lifestyle choices are, adding that working class or poor people also have the same lifestyle choices, but they just can't commit to them out of lack of funds.

Pierre Bourdieu argued that lifestyle choices and taste in a consumer society can intensify class differences by reinforcing social boundaries. Therefore, option b is correct.

Economic and Cultural Capital:

Bourdieu argued that social status is determined by more than just economic capital (wealth). Cultural capital, which includes an individual's tastes, education, and cultural knowledge, also plays a significant role.

Lifestyle Choices:

According to Bourdieu, lifestyle choices, such as preferences in food and music, signal one's social class. These preferences are not just a matter of personal taste but are influenced by an individual's upbringing and class.

Class Differences:

Bourdieu's analysis shows that lifestyle choices can intensify class differences by reinforcing social boundaries. For example, a preference for classical music may indicate a higher social class, while different tastes may indicate a lower social class.

Cultural Capital:

Bourdieu introduced the concept of cultural capital to explain how non-economic factors, such as education and tastes, contribute to social stratification. Lifestyle choices are a form of cultural capital that can contribute to one's social mobility or lack thereof.

Complete Question:

According to Pierre Bourdieu, in a consumer society, lifestyle choices and taste:

a. eliminate class differences

b. can intensify class differences

c. lead to the acquisition of cultural capital

d. are not related to social class

Carol's daughter desiree has been disrupting her kindergarten class recently, and she is also struggling to stay on task when doing homework or chores. a school psychologist plans to assess desiree for psychological disorders, first by sitting in on desiree's class to conduct __________ and then by having desiree perform specific cognitive tasks.

Answers

the answer is: An obervation
An observation is a first step to determine someone's psychological condition.
During this steps, a psychologist will simply see all the behavior that the potential patient do daily, and try to find out some sings that could act as an indicator for a certain psychological disorder

Adam smith says that the division of labor comes from an inborn human tendency. what is that natural tendency according to smith?

Answers

Smith is talking about is the propensity to trade, barter, and exchange one thing for another when he speaks of natural tendency. And this natural tendency to basically trad varies from society to society.

You are babysitting your 2-year-old nephew for the first time. while your back is turned, he touches his index finger to the pan you just took out of the oven. he pulls his finger away quickly, and a few seconds later begins to scream. why is his screaming delayed in comparison to pulling away his finger?

Answers

the reason why  his screaming delayed in comparison to pulling away his finger is: The hand-withdrawal reflex involves only the spinal cord. Since this part hasn't still fully developed during that age group, it takes time before the information about pain reaches the brain, which cause the delay between the action and the scream

Based on data from presidential elections throughout american history, an individual who is currently holding a position as __________ is the least likely to become the next president.

Answers

Based on data from presidential elections throughout american history, an individual who is currently holding a position as Vice president of the united states is the least likely to become the next president..
A vice presidet is always seem as a complementary support for the president and tend to not appear as an ideal image for a leader in the eyes of most voters in United States.

Caitlyn has been seeing a psychiatrist for the last six months, and this physician has suggested that the parents give her a low dose of either adderall or ritalin to help reduce her symptoms. he suggests that this can help decrease how excited and distractible she is at home and in the classroom. which condition has caitlyn most likely been diagnosed with?

Answers

The condition Caitlyn has most likely been diagnosed with is attention-deficit/hyperactivity disorder (ADHD).
Caitlyn is hyperactive, meaning that she is overly active, more than she is supposed to be, and is thus disruptive in the classroom. She cannot pay attention to anything, because her mind often wanders off elsewhere. These symptoms can be reduced by taking pills such as Adderall or Ritalin. 

Jane, a former corporate executive, retires and, eventually, spends her time happily landscaping her home and working for a volunteer agency serving the local homeless population. according to robert atchley, jane is in which phase of retirement

Answers

Jane is in the reorientation phase of retirement as this phase is where a person who is retired is settled and undergoes to series of activities that the person would like to settle into in having a more balance life style and to meet the things that they want in their life and what they want to be involved in. It could be seen above as Jane retires and spends her time in things that will make her happy and these activities contributes into having her a life that is more balanced and healthy as it makes her happy and supply the needs she wants in her life.

Jane is in the reorientation phase of retirement as defined by Robert Atchley, where she is establishing a new routine and engaging in fulfilling activities.

According to Robert Atchley's phases of retirement, Jane is in the reorientation phase. In this phase, retirees adjust to retirement by making less hectic plans and establishing a regular routine. Jane's engagement in landscaping her home and working as a volunteer for a local homeless population indicates that she has moved past the initial stages of retirement, like the honeymoon period, and is articulating a new lifestyle that balances leisure with meaningful activities.

Chang works at a leading restaurant. she is usually scared of making any mistakes at her workplace but is very keen on details. she also prioritizes quality in her work. in the context of inscape's disc assessment, she would most likely fall under the behavioral style of _____.

Answers

Chang works at a leading restaurant. She is usually scared of making any mistakes at her workplace but is very keen on details. She also places in order quality in her work. In the context of inscape's disc assessment, she would most likely fall under the behavioral style conscientiousness. A character trait of being watchful or vigilant. Conscientiousness indicates an aspiration to do a task well and to take responsibilities to others completely. Conscientiousness people have a tendency to be well-organized and prepared as different to easy going and disorderly. They exhibit a tendency to show discipline, act, obediently and aim for accomplishment and show prearranged rather than unprompted performance and they are in general trustworthy. 

According to gilligan, the moral reasoning of males focuses on _______________, whereas the moral reasoning of females is concerned with ______.

Answers

The answer to the first unknown in the problem is "Justice" while in the second unknown in the problem is "Showing of care". As per or according to Giligan, the moral reasoning of males focuses on the JUSTICE, whereas the moral reasoning of females is concerned with SHOWING OF CARE. This is the major difference between a male and female perspective towards taking care to other people.

A group of nations establishes a free-trade zone. What is the most likely effect?

Answers

the thing that most likely to happen if  A group of nations establishes a free-trade zone is: Trade increases
In a free-trade zone, there will be fewer regulations for trading agreements and the income tax is significantly lower compared to another area. This encourage many investors to open their business in this Area
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