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Author Question: When only a small number of producers compete with each other is a defining characteristic of A) ... (Read 151 times)

dollx

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on: Jun 29, 2018
When only a small number of producers compete with each other is a defining characteristic of
 
  A) inelastic supply.
  B) monopolistic competition.
  C) efficient competition.
  D) oligopoly.

Question 2

A country that during its entire history has borrowed more from the rest of the world than it has lent to it is a ________, and a country that during its entire history has invested more in the rest of the world than other countries have invested in
 
  it is a ________. A) debtor nation; investor nation
  B) borrower nation; creditor nation
  C) debtor nation; creditor nation
  D) net borrower nation; net lender nation


reelove4eva

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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