« previous next »

Author Question: The exit of firms from a monopolistically competitive market structure causes the demand curves ... (Read 174 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
The exit of firms from a monopolistically competitive market structure causes the demand curves facing the existing sellers to shift ________ and to become ________.
 
  A) leftward; flatter
  B) rightward; flatter
  C) leftward; steeper
  D) rightward; steeper

Question 2

The payment made by a bank to a depositor to use her money for lending to those in need of funds is referred to as the ________.
 
  A) dividend
  B) interest
  C) principal
  D) stock


apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Transfer RNA (tRNA) Structure Transfer RNA (tRNA) Structure
2-1b Structure of the water molecule 2-1b Structure of the water molecule
Retrovirus Structure Retrovirus Structure
Tuning Curves Tuning Curves
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Structure of the small intestine. Structure of the small intestine.
Video: Body plan of euglena Animation

For a complete list of videos, visit our video library