A monopolistically competitive firm is like a perfectly competitive firm insofar as both
A) have negatively sloping demand curves.
B) can make zero economic profit in the long run.
C) have horizontal MR curves.
D) are protected by high barriers to entry.
B
Economics
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Which of the following is not included in M2?
A) Money market mutual funds held by individuals B) Money market deposit accounts C) Money market mutual funds held by institutions D) Small-denomination time deposits
Economics
According to William Shepherd, the total assets of the top 100 firms in the United States have been declining, mostly in response to increased imports
a. True b. False
Economics