A monopolist has to lower its quantity relative to the competitive market to maximize profits because the monopolist is already in control of the biggest part of the market. This means that because they're already in control, to keep the market competitive they need to release the same amount of product as their competition.
A monopolist must lower its quantity relative to a competitive market to maximize its profits because the monopolist already controls and owns the largest share of the market.
A ratio is a quantity that denotes the proportional amount or magnitude of one quantity relative to another. by swety
current is relative because it is measured with respect to time. actually it is the rate of flow of charges with respect to time.when we measured current we measured charges with respect to time. that why it is relative quantity john ahem senior professor at Cambridge university
In Monopoly, there is no market power as the monopoly firm is the only supplier and holds pricing power. However in a perfect competitive market, prices are set by interaction of supply and demand. This is why monopoly markets are undesirable relative to perfect competitive market.
Efficiency.
Nutrient Density
they show the magnitude
The relative error measurements indicates the quality of a measurement relative to the quantity of the object being measured. To derive the relative error, divide the absolute error by the value of the object being measured.
It is the relative proportion or ratio of the Energy Input to a system to its output.
Because it is: * A property of physical objects * Something that can be measured (or calculated from other quantities) Hmm, it is certainly not a physical quantity that is unique to the object! Velocity is relative to some other object. Thus, the can he threw traveled at 12m/s relative to the tree but 220m/s relative to that car.
Relative value is a dimensionless quantity, and so it shouldn't matter what units you want to use, as long as you are consistent.
weighted average is an average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average.