________ policies involve government support for manufacturing sectors in which a country has potential comparative advantage

In monopolistic competition, there are ________ barriers to entry and so firms in monopolistic competition ________ earn an economic profit in the long run

A) high; can B) high; cannot C) no; can D) no; cannot E) sometimes; can sometimes

In which of the following ways is the private market sector similar to the public sector in terms of decision making?

A) Prices determine the demand for goods and services in each sector. B) There is competition for scarce resource in both sectors. C) Both sectors may use a type of "force" if necessary. D) Votes by individual voters are basically equal in importance with dollars spent by individuals on goods.