How does a discriminating monopolist attain equilibrium?

How does a discriminating monopolist attain equilibrium? A discriminating monopolist reaches equilibrium and hence maximises profit when he equates the marginal revenue(s) in-both the markets, i.e., MR1 = MR2. If this condition holds total revenue will be maximum and revenue maximisation subject to cost constraint implies profit maximisation. What is price discrimination show the equilibrium […]

How does SMBS remove chlorine?

How does SMBS remove chlorine? Sodium metabisulphite is a widely used white powder for the removal of chlorine from the water system. It produces sodium bisulfate and hydrochloric acid with the reaction of hypochlorous acid. The required amount of the sodium metabisulfite can be calculated. Does sodium metabisulfite remove chlorine? Sodium metabisulfite (SMBS) is commonly […]

What civilization created and used the Silk Road?

What civilization created and used the Silk Road? Established when the Han Dynasty in China officially opened trade with the West in 130 B.C., the Silk Road routes remained in use until 1453 A.D., when the Ottoman Empire boycotted trade with China and closed them. Which civilization benefited most from the Silk Road? Roman Empire […]

Where is real Cajun country?

Where is real Cajun country? Lafayette, LA is at the heart of Louisiana’s Cajun & Creole Country, an area known as the Happiest City in America. A short drive, but a world away from New Orleans, our history dates back to the 18th century, when Canada’s Acadians were expelled and settled in Louisiana. Where are […]

What is the purpose of thoracoscopy?

What is the purpose of thoracoscopy? Thoracoscopy can be used to look at an abnormal area seen on an imaging test (such as a chest x-ray or CT scan). It also can be used to take biopsy samples of lymph nodes, abnormal lung tissue, the chest wall, or the lining of the lung (pleura). It […]

What happens when bullets hit the water?

What happens when bullets hit the water? Water is 800% more dense than air, so unlike a bullet fired above the surface, once the bullet hits the water it immediately begins slowing down, the Science Channel explains. And instead of barreling towards Wahl, the bullet slows and falls to the bottom of the pool. Do […]

What impact did The Beatles have on teenagers?

What impact did The Beatles have on teenagers? It’s undeniable that The Beatles changed popular culture forever. Formed in Liverpool in 1960, they went on to become an international pop sensation, creating legions of teenage fans. Their hype became so big that fan culture became known as Beatlemania and gave rise to a new kind […]

What is the difference between stanch and staunch?

What is the difference between stanch and staunch? “Staunch,” in standard American English, is supposed to be an adjective meaning “faithful” or “steadfast,” as in “France remains a staunch ally of the U.S.” “Stanch” is supposed to be a verb meaning “to stop the flow.” What is another word for stanch? Some common synonyms of […]

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