Because the monopolistically competitive firm faces a ________ demand curve for its product, it ________ the price of its output
A) downward-sloping; can influence B) horizontal; can influence
C) horizontal; cannot influence D) downward-sloping; cannot influence
A
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A major U.S. motive for negotiating a free-trade agreement with Mexico was to
a. help foster the study of the Spanish language as a means to trading with all Spanish-speaking countries b. increase immigration into the United States c. gain increased access to Mexican consumers d. keep Mexico from going Communist e. achieve, ultimately, political union with Mexico
Individuals play ____ in causing pollution
a. almost no role b. a large but decreasing role c. a major role d. a reconstructive role
We all know that the United States has the highest per capita health care spending in the world. Which country has the second highest?
a. Germany b. Japan c. France d. Switzerland e. Canada
The most common pattern for marginal utility is ______.
A. diminishing marginal utility B. substitute consumption C. a budget constraint model D. a long-term perspective theoretical model