« previous next »

Author Question: The exit of firms from a monopolistically competitive market structure causes the demand curves ... (Read 158 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
The exit of firms from a monopolistically competitive market structure causes the demand curves facing the existing sellers to shift ________ and to become ________.
 
  A) leftward; flatter
  B) rightward; flatter
  C) leftward; steeper
  D) rightward; steeper

Question 2

The payment made by a bank to a depositor to use her money for lending to those in need of funds is referred to as the ________.
 
  A) dividend
  B) interest
  C) principal
  D) stock


apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Nose, nasal cavity, and pharynx: (A) nasal cartilages and external structure; (B) meatus and positio Nose, nasal cavity, and pharynx: (A) nasal cartilages and external structure; (B) meatus and positio
The complex structure of the hemoglobin protein. The complex structure of the hemoglobin protein.
One unit of clathrate structure surrounding a hydrophobic molecule (yellow) One unit of clathrate structure surrounding a hydrophobic molecule (yellow)
Opener Crystal structure of a Thermus thermophilus Opener Crystal structure of a Thermus thermophilus
Structure and function of human teeth. Structure and function of human teeth.
Typical bacterial size and structure Typical bacterial size and structure
Video: Angiotensin II - kidneys, adrenal glands and dehydration

For a complete list of videos, visit our video library