We can represent the entry of new firms into a monopolistically ...

[dakota nelson]

We can represent the entry of new firms into a monopolistically competitive market by shifting the existing firms':
 a. demand curves downward.
  b. demand curves upward.
  c. demand curves more inelastic.
  d. cost curves upward.
  e. cost curves downward.

Question 2

Indifference curves that are farther from the origin are preferable to ones that are closer to the origin.
 a. True
  b. False
  Indicate whether the statement is true or false

[josephsuarez]

Answer to Question 1

a

Answer to Question 2

True

[dakota nelson]

Wow, this really help

[Zebsrer]

Thanks for the timely response, appreciate it