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Author Question: When new firms enter a monopolistically competitive industry, each existing firm's A) demand ... (Read 119 times)

fnuegbu

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on: Jun 29, 2018
When new firms enter a monopolistically competitive industry, each existing firm's
 
  A) demand curve shifts rightward.
  B) demand curve shifts leftward.
  C) marginal cost curve shifts rightward.
  D) marginal cost curve shifts leftward.

Question 2

If net exports increases, but neither government expenditure nor net taxes change, saving must increase.
 
  Indicate whether the statement is true or false


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AaaA

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


fnuegbu

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Reply #2 on: Jun 29, 2018
Thank you


AaaA

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Reply #3 on: Jun 29, 2018
No problemo


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