Refer to Figure 3-2. A decrease in the number of firms in the ...

[tiffannnnyyyyyy]

Refer to Figure 3-2. A decrease in the number of firms in the market would be represented by a movement from
 
  A) A to B. B) B to A. C) S1 to S2. D) S2 to S1.

Question 2

Competition forces firms to produce and sell products as long as the ________ to consumers exceeds the ________ of production.
 
  A) marginal benefit; marginal cost B) marginal cost; marginal benefit
  C) marginal benefit; marginal benefit D) marginal cost; marginal cost

[dreamfighter72]

Answer to Question 1

D

Answer to Question 2

A

[tiffannnnyyyyyy]

Thanks for the timely response, appreciate it

[essyface1]

YES! Correct, THANKS for helping me on my review