Ask Question
9 August, 03:49

The demand curve that talero faces is identical to which of its other curves? check all that apply.

+2
Answers (1)
  1. 9 August, 03:59
    0
    It is the marginal revenue curve. Since a superbly focused firm faces a splendidly elastic demand curve to the market value, it can offer any amount it picks at this cost. This appears as the horizontal demand curve at the market price. Because all units delivered are sold at the market cost, the adjustment incomplete income that outcomes from a oneunit increment in the amount sold are equivalent to the cost. Hence, marginal revenue curve is the same as the company's request bend and plots as an even line at the market cost
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The demand curve that talero faces is identical to which of its other curves? check all that apply. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers