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ZK

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If the factor supply curve facing a monopolist is the market supply curve, and if the market supply curve is an upward sloping straight line, the marginal expenditure curve:

A) lies below the market supply curve.
B) lies above the market supply curve.
C) is the market supply curve.
D) crosses the market supply curve at the market wage rate.
E) Either A or B is possible.

On Jun 04, 2024


B
ZK

Answered

When is coercive power used?

On Jun 04, 2024


Coercive power is commonly used to enforce policies and regulations. When a leader has a great ability to intimidate followers, this type of power is often used.
ZK

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Parties to a contract cannot change the UCC's rules regarding when title passes and when risk of loss passes.

On May 08, 2024


False
ZK

Answered

On May 05, 2024