« previous next »

Author Question: The exit of firms from a monopolistically competitive market structure causes the demand curves ... (Read 195 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?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

The meninges. This figure illustrates the location and structure of each layer of the meninges and t The meninges. This figure illustrates the location and structure of each layer of the meninges and t
Structure of photosystem II Structure of photosystem II
Structure of the bacterial flagellar motor from Salmonella enterica Structure of the bacterial flagellar motor from Salmonella enterica
The structure of sphingosine The structure of sphingosine
Classic Supply - Demand Curve Classic Supply - Demand Curve
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library