Under monopolistic competition ________

A) many goods and services are not standardized
B) prices adjust slowly to equilibrium
C) even if there is substantial competition in the market, some firms can set prices
D) all of the above
E) none of the above


D

Economics

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The brain drain refers to the effects of Dutch Disease when the infection spreads to other countries

Indicate whether the statement is true or false

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Many whites regard ghetto poverty as a symptom of aberrant cultural values and inherent racial deficiencies

Indicate whether the statement is true or false

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By 1860, almost ¾ of the U.S. output of cotton goods was produced in:

a. the area surrounding Philadelphia. b. New England. c. the Mid-Atlantic states. d. New York City.

Economics