The above figure shows a firm in monopolistic competition. What price will the firm charge?
A) $12
B) $24
C) $36
D) None of the above answers is correct.
C
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Most developing countries oppose including labor standards in trade agreements because
A) they believe this would involve a loss of their national sovereignty. B) they believe this would limit their ability to export to rich markets. C) they believe this would create an uneven playing field. D) multinational corporations control them. E) they do not want to improve wages for their workers.
Financial disintermediation occurs when:
a. Businesses no longer borrow directly in the bond market. b. Businesses no longer issue stock. c. Individuals no longer trade securities in the secondary market. d. Individuals withdraw funds from financial intermediaries and invest them elsewhere. e. All of the above.
Which statement is true?
A. Monopoly will result in a higher price and a larger output than pure competition. B. Monopolistic competition will result in a lower price and a lower output than pure competition. C. Monopoly will result in a higher price and a larger output than monopolistic competition. D. Pure competition will result in a lower price and a higher output than monopolistic competition.
Suppose you have one U.S. dollar with which you wish to purchase U.K. (one-year) bonds in period t. Which of the following expressions represents the amount of U.S. dollars you will receive in one year (i.e., period t + 1 ) from purchasing U.K. bonds in period t?
A) i B) 1 + i C) (1 + i)Eet+1/Et D) (1 + i)Et/Eet+1 E) none of the above