Knowing demand is equivalent to knowing the
A) employee.
B) customer.
C) average investor.
D) economic profit.
B
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For a monopolistically competitive firm, the demand curve
A) is a horizontal line. B) has a positive slope. C) is vertical. D) has a negative slope. E) is the same as the marginal revenue curve.
Why might a country like Brazil have to offer a much higher interest rate on its government bonds than those offered by the Great Britain?
What will be an ideal response?
If you want to deflate the current price of something to eliminate the effect of inflation,
a. divide the number by the price index. b. multiply the number by the price index. c. multiply the number by 2 and then divide by the price index. d. multiply the number by the price index and then divide by 2.
Suppose the price of a product rises and the total revenue of sellers increases.
What will be an ideal response?