Monopolistic competitors advertise because A) they have ...

[silviawilliams41]

Monopolistic competitors advertise because
 
  A) they have downward sloping demand curves.
  B) the demand curves they face are very elastic.
  C) they produce goods that can be differentiated from the goods of other firms in the industry.
  D) they can earn long-run profits if they advertise.

Question 2

Economic growth depends on
 
  A) low tax rates.
  B) high government spending.
  C) high rates of consumption.
  D) increases in the capital stock as a result of saving.

[apple]

Answer to Question 1

C

Answer to Question 2

D