Author Question: In the above figure, suppose the economy is at point a. If there is an increase in real GDP, there ... (Read 51 times)

serike

  • Hero Member
  • *****
  • Posts: 542
In the above figure, suppose the economy is at point a. If there is an increase in real GDP, there is a movement to point such as
 
  A) b.
  B) c.
  C) d.
  D) e.

Question 2

Which characteristic is associated with monopolistic competition?
 
  A) collusion
  B) product differentiation
  C) small number of firms
  D) awareness of rival firms in the market



ergserg

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

For a complete list of videos, visit our video library