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Author Question: In a monopolistically competitive market: a. there are significant barriers to the entry of new ... (Read 231 times)

FButt

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on: Jun 30, 2018
In a monopolistically competitive market:
 a. there are significant barriers to the entry of new sellers.
  b. firms sell differentiated products.
 c. firms face horizontal demand curves.
 d. there are a few producers selling standardized products.

Question 2

How many dollars do you need to buy a Swedish Kronor (SEK) when the exchange rate is 1 = 6.429 SEK?
 a. 0.016
  b. 1.056
  c. 0.649
  d. 0.156
  e. 1.56


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skipfourms123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


FButt

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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