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Author Question: Food retailers usually do not compete on which of the following factors? a. Price b. Variety c. ... (Read 51 times)

melina_rosy

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on: Jun 30, 2018
Food retailers usually do not compete on which of the following factors?
 a. Price
  b. Variety
  c. Location
  d. Packaging

Question 2

In monopolistically competitive markets, economic profits ____, and ____ shifts the demand curve of the remaining firms to the ____.
 a. signal some remaining firms to exit; exit; right
  b. signal some remaining firms to exit; exit; left
  c. signal new firms to enter; entry; left
 d. signal new firms to enter; entry; right


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Mochi

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

c


melina_rosy

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Reply #2 on: Jun 30, 2018
Correct answers!


Mochi

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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