« previous next »

Author Question: The demand curve for the product of a monopolistically competitive firm slopes downward because ... (Read 228 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
The demand curve for the product of a monopolistically competitive firm slopes downward because
 
  A) products are perceived by consumers as different.
  B) products are homogeneous.
  C) people only care about price when they buy a good.
  D) the firm's goal is to maximize profits.

Question 2

For developing countries, one of the more effective ways to become more developed is
 
  A) to invest in secondary schools.
  B) to invest more in the military.
  C) to increase trade barriers.
  D) to reduce direct foreign investment.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


jennafosdick

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sdfghj

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 29, 2018
Correct answers!


jennafosdick

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Using Soil Nails to Stabilize Slopes Using Soil Nails to Stabilize Slopes
Titration curve for aspartic acid Titration curve for aspartic acid
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Closed and Open Food Product Dating Closed and Open Food Product Dating
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library