Which of the Following Is Not Correct

question 544

Multiple Choice

Which of the following is not correct?

• A)The demand curve facing a competitive firm is perfectly elastic.
• B)The demand curve facing a monopolist is the market demand curve.
• C)A monopolist can charge any price and sell any quantity that it chooses.
• D)A monopolist can alter the market price by adjusting the quantity that it produces.

---

Definitions:

Environmental Influences

External factors or conditions in one's surrounding environment that affect behaviors, decisions, and development.

Internal And External Influences

Internal and external influences refer to the various factors within an individual or in their external environment that affect their thoughts, behaviors, decisions, and overall psychological well-being.

Nuclear Family

A family unit consisting of two parents (mother and father) and their children, living together as a single unit.

Multigenerational

Pertaining to or affecting several generations, often used to describe families, housing, or policies that consider the needs of multiple ages.