« previous next »

Author Question: Monopolistic competition is characterized by: a. a small number of firms selling differentiated ... (Read 101 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jun 30, 2018
Monopolistic competition is characterized by:
 a. a small number of firms selling differentiated products.
  b. a large number of firms selling identical products.
 c. high barriers to entry.
 d. a large number of firms selling differentiated products.

Question 2

Under a fixed exchange-rate system, in order to maintain the exchange rate:
 a. governments must adopt a laissez-faire economic policy.
  b. all trading partners must enjoy the same level of economic growth.
  c. currencies must be inconvertible.
  d. the imports of one country must equal the exports of its trading partner.
  e. governments must intervene in the foreign exchange market.


dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

imowrer

  • Hero Member
  • *****
  • Posts: 514
Reply #2 on: Jun 30, 2018
Thank you :)


dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Some mangrove islands in the Florida Keys, which number in the thousands, are convenient places to t Some mangrove islands in the Florida Keys, which number in the thousands, are convenient places to t
Small and large intestines Small and large intestines
A ring link network reduces the number of wires it takes to interconnect all of the modules. A ring link network reduces the number of wires it takes to interconnect all of the modules.
Number Facts Number Facts
The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ... The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ...
Relationship between the number of amino acid substitutions Relationship between the number of amino acid substitutions
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library