Which of the following features is characteristic of monopolistic competition?
a. many large producers
b. homogeneous products
c. differentiated products
d. No individual producer has any influence on the market price.
Ans: c. differentiated products
Economics
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How does monopoly arise?
What will be an ideal response?
Economics
If the interest rate is 7 percent on euro-denominated assets and 5 percent on dollar-denominated assets, and if the dollar is expected to appreciate at a 4 percent rate, the expected return on ________-denominated assets in ________ percent
A) dollar; euros is 3 B) euro; dollars is 1 C) dollar; euros is 1 D) euro; dollars is 3
Economics