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Author Question: We can represent the entry of new firms into a monopolistically competitive market by shifting the ... (Read 82 times)

dakota nelson

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  • Posts: 604
on: Jun 30, 2018
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


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josephsuarez

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

a

Answer to Question 2

True


dakota nelson

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  • Posts: 604
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

dyrone

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Reply 3 on: Yesterday
Excellent

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