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Author Question: When the exchange rises, then the A) AD curve shifts rightward. B) AD curve shifts leftward. C) ... (Read 111 times)

faduma

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When the exchange rises, then the
 
  A) AD curve shifts rightward.
  B) AD curve shifts leftward.
  C) LAS curve shifts rightward.
  D) LAS curve shifts leftward.

Question 2

Which of the following is NOT an assumption of perfect competition?
 
  A) many firms
  B) many buyers
  C) restrictions on entry into the market
  D) each firm sells an identical product



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shayla

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Answer to Question 1

B

Answer to Question 2

C




faduma

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


alvinum

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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