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Author Question: The exit of firms from a monopolistically competitive market structure causes the demand curves ... (Read 196 times)

leilurhhh

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on: Jun 29, 2018
The exit of firms from a monopolistically competitive market structure causes the demand curves facing the existing sellers to shift ________ and to become ________.
 
  A) leftward; flatter
  B) rightward; flatter
  C) leftward; steeper
  D) rightward; steeper

Question 2

The payment made by a bank to a depositor to use her money for lending to those in need of funds is referred to as the ________.
 
  A) dividend
  B) interest
  C) principal
  D) stock


apple

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

D

Answer to Question 2

B


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