[Answered] Video rental stores in cities are an illustration of: a. perfect competition. b. monopoly. c. ...

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Author Question: Video rental stores in cities are an illustration of: a. perfect competition. b. monopoly. c. ... (Read 159 times)

vicotolentino

Hero Member
Posts: 552

on: Jun 30, 2018

Video rental stores in cities are an illustration of:
a. perfect competition.
b. monopoly.
c. monopolistic competition.
d. oligopoly.

Question 2

The marginal rate of substitution ____ as one moves downward along the indifference curve.
a. increase
b. remains constant
c. decreases
d. increases and then decreases

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ErinKing

Sr. Member
Posts: 362

Reply #1 on: Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

c

vicotolentino

Member
Posts: 552

Reply 2 on: Jun 30, 2018

Excellent

Zebsrer

Member
Posts: 284

Reply 3 on: Yesterday

Wow, this really help

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