Author Question: Which of the following industries would most likely represent monopolistic competition? a. clothing ... (Read 65 times)

eruditmonkey@yahoo.com · **on:** Jun 30, 2018

Which of the following industries would most likely represent monopolistic competition?
a. clothing
b. wheat
c. water utilities
d. soft drinks

Question 2

When the U.S. dollar depreciates in relation to the Swiss franc:
a. a U.S. importer will need more dollars to pay for an invoice denominated in Swiss francs.
b. a Swiss exporter will receive more Swiss francs for an invoice denominated in the exporter's currency.
c. Swiss imports of U.S. goods will fall.
d. the Swiss franc is now worth less in terms of the U.S. dollar.
e. a U.S. exporter will receive fewer dollars for an invoice denominated in Swiss francs.