When new firms enter a perfectly competitive market, the market supply curve shifts ________ and the price ________

When David Palmisano won the Powerball, he could choose between getting annual installments or taking a lump sum. An economist suggested that David think about

a. marginal product b. the present value of an income stream c. marginal disutility d. the present value of a payment only one year hence e. the demand for labor

If Happy Campers has a market share of 70 percent and Campers R Us has a market share of 5 percent, according to Chinese law, Happy Campers ________ be considered a dominant firm and Campers R Us ________ be considered a dominant firm.

A) would; would B) would not; would C) would; would not D) would not; would not