Author Question: Characteristics shared by monopolistically competitive markets and monopoly markets include: a. ... (Read 56 times)

MGLQZ · **on:** Jun 30, 2018

Characteristics shared by monopolistically competitive markets and monopoly markets include:
a. strategic interactions among sellers.
b. many sellers.
c. firms facing a downward-sloping demand curve.
d. insignificant barriers to entry.

Question 2

Suppose a U.S. citizen invests 1,000 to purchase a one-year Japanese bond that has an interest yield of 10 percent. If the dollar appreciates 20 percent against the Japanese yen by the maturity date, the dollar value of the proceeds is _____.
a. 900
b. 1,100
c. 1,300
d. 1,500
e. 1,200