Author Question: Although there are certain inefficiencies associated with monopolistic competition, society receives ... (Read 34 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Although there are certain inefficiencies associated with monopolistic competition, society receives a benefit from monopolistic competition in the form of product variety.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose a permanent increase in demand for the Argentinean peso causes a chronic shortage of this currency in the foreign exchange market. The Argentinean government should then:
 a. request other countries to revalue their currency.
  b. devalue the peso.
  c. allow the peso to appreciate.
  d. restricts exports.
  e. restrict imports.



Chocorrol77

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

True

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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%.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library