Why is the ratio of the monopoly's price to its marginal cost, startfraction p over mc endfraction , smaller, the more elastic the demand curve at the optimum quantity? can the demand curve be inelastic at that quantity? the ratio of the monopoly's price to its marginal cost, startfraction p over mc endfraction , is smaller the less elastic the demand curve is at the optimum quantity because, as a function of epsilon, startfraction p over mc endfraction equals nothing.

Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure

Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?

George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the duties of a: