Long-run equilibrium under monopolistic competition is similar to long-run equilibrium under perfect competition in that:
a. price equals the minimum average total cost.
b. firms face perfectly elastic demand curves.
c. price equals average cost.
d. marginal revenue equals average cost.
Question 2
Suppose a Canadian investor buys a one-year U.S. government bond that pays 7 percent interest. If the U.S. dollar appreciates 4 percent against the Canadian dollar during the year, what must be the yield on a comparable Canadian government bond for interest rate parity to hold?
a. 3 percent
b. 4 percent
c. 7 percent
d. 10 percent
e. 11 percent
Results from sequential study of two cohorts tested at three ages and at three different points in t
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Long-term relationships, especially those who are married, having a child
A pipe that is 0.46 m long and open at both ends vibrates in the second overtone with a ...
Perform the indicated division (long division polynomials)
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.