Relative to standard competitive trade, trade based on monopolistic competition has ________ impact on relative factor incomes.
A. no
B. lower
C. the same
D. greater
Answer: B
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For a particular farmer and a single growing season, the amount of seed that is planted would be considered a variable input
Indicate whether the statement is true or false
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A. tax revenues. B. on-the-job training. C. educational outcomes. D. university education.