Author Question: Which of the following will cause the price of beer to rise? A) A shift to the right in the ... (Read 53 times)

CORALGRILL2014

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Which of the following will cause the price of beer to rise?
 
  A) A shift to the right in the demand curve for beer
  B) A shift to the left in the supply curve of beer
  C) both A and B
  D) none of the above

Question 2

The market structure in which there is interdependence among firms is
 
  A) monopolistic competition.
  B) oligopoly.
  C) perfect competition.
  D) monopoly.



parker125

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Answer to Question 1

C

Answer to Question 2

B



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