As the number of firms in a market decreases, the supply curve will shift to the left and the equilibrium price will fall
Indicate whether the statement is true or false
FALSE
Economics
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A decrease in the interest rate, other things being equal, causes a (an)
Economics
Would a corporation seeking to raise capital sell its new shares on the stock market? If not, why not?
What will be an ideal response?
Economics
In general, with a monopolist's outcome:
A. consumers lose surplus. B. monopolies earn profit. C. deadweight loss occurs. D. All of these statements are true.
Economics
Which of the following is NOT a valid explanation for the failure of the data to support PPP? theory?
a. Differences in price level measurements across countries b. Transportation costs c. Departures from free competition d. Trade barriers e. Differences in monetary policies across countries
Economics