Characteristics shared by monopolistically competitive markets ...

[MGLQZ]

Characteristics shared by monopolistically competitive markets and monopoly markets include:
 a. strategic interactions among sellers.
 b. many sellers.
 c. firms facing a downward-sloping demand curve.
  d. insignificant barriers to entry.

Question 2

Suppose a U.S. citizen invests 1,000 to purchase a one-year Japanese bond that has an interest yield of 10 percent. If the dollar appreciates 20 percent against the Japanese yen by the maturity date, the dollar value of the proceeds is _____.
 a. 900
  b. 1,100
  c. 1,300
  d. 1,500
  e. 1,200

[DylanD1323]

Answer to Question 1

c

Answer to Question 2

a

[MGLQZ]

Thanks for the timely response, appreciate it

[frankwu0507]

Excellent