Using the Graph Above,what Is the Difference Between Purely Competitive

question 115

Multiple Choice

Using the graph above,what is the difference between purely competitive and pure monopolist output at the industry level?

• A) 0
• B) 35
• C) 70
• D) 105 The purely competitive level of output occurs where the demand curve crossed the MC curve,that is,160 units.The monopoly output occurs where MC = MR,that is,90 units.The difference is 70 units.

Appreciate the importance of biodiversity and species diversity measures, including the Shannon index, in assessing ecosystem health.

Examine human practices in agriculture and conservation that influence biodiversity and ecosystem stability.

Analyze the effect of external factors, including abiotic filters and disturbances, on community composition and succession.

Understand the concept and significance of keystone species, ecosystem engineers, and primary consumers in ecosystems.

---

Definitions:

Marketing Research Process

A systematic methodology involving the identification, collection, analysis, and dissemination of information to improve decision making related to marketing.

Data Collection

The systematic gathering of information from various sources for analysis, research, or decision-making purposes.

Research Design Process

A structured approach to collecting, analyzing, and interpreting data for decision-making in various fields, including marketing and social sciences.

Online Service

Services provided over the Internet, including information access, communication, and transactions.