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Author Question: Income inequality has risen in recent years due to a rise in labor's share of national income as a ... (Read 126 times)

fasfsadfdsfa

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on: Jun 30, 2018
Income inequality has risen in recent years due to a rise in labor's share of national income as a result of globalization.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not true of monopolistic competition?
 a. There are a large number of buyers and sellers.
  b. The firms produce differentiated products.
  c. There exists free entry and exit of firms.
  d. Each of the firms faces a horizontal demand curve.
  e. Each of the firms acts as a mini monopoly in the market.


randomguy133

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

False

Answer to Question 2

d


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fasfsadfdsfa

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Reply #2 on: Jun 30, 2018
Thank you :)


randomguy133

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Reply #3 on: Jun 30, 2018
Happy to help you


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