If a Monopoly's Demand Curve Shifts to the Right,the

question 79

Multiple Choice

If a monopoly's demand curve shifts to the right,the

• A) monopoly will charge a higher price.
• B) monopoly will charge a lower price.
• C) monopoly will sell more.
• D) monopoly's decision cannot be determined.

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Definitions:

Conform

The act of matching attitudes, beliefs, and behaviors to what is considered normal or acceptable in society.

Pressures

Forces that influence or urge someone to act or behave in a certain way.

Direct Commands

Instructions given clearly and unequivocally, expecting immediate compliance.

Compliance

When people yield to social pressure in their public behavior, even though their private beliefs have not changed.