Which of the following groups lists the four factors of ...

[Tazate]

Which of the following groups lists the four factors of production?
 
  A) labor, capital, land, entrepreneurship
  B) labor, capital, land, money
  C) labor, money, land, entrepreneurship
  D) labor, capital, money, entrepreneurship

Question 2

A monopolistically competitive firm is like an oligopolistic firm insofar as
 
  A) both face perfectly elastic demand.
  B) both can earn an economic profit in the long run.
  C) both have MR curves that lie beneath their demand curves.
  D) neither is protected by high barriers to entry.

[princessflame2016]

Answer to Question 1

A

Answer to Question 2

C

[Tazate]

Thanks for the timely response, appreciate it

[pangili4]

Great answer, keep it coming