A monopolistic competitor would face a demand curve with a

The slope of an isocost line ________ and equals the negative of ________

A) increases as we move down the line; the ratio of input prices B) is constant; the ratio of input prices C) is constant; the ratio of the marginal products D) decreases as we move down the line; the ratio of the marginal products

When there's asymmetric information, who tends to have the better information?

A) lender B) borrower C) intermediary D) equally likely to be the borrower or the lender