In monopolistic competition, firms may differentiate their products in many ways except on the basis of:
a. quality.
b. style.
c. price.
d. packaging.
e. guarantees.
c
Economics
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When a firm's marginal productivity of an input eventually declines as the quantity of input increases, then the production is experiencing
a. Diminishing returns to scale b. Diminishing marginal product c. Increasing returns to scale d. Increasing marginal product
Economics
Answer the question based on the information given in the table below that shows the items and figures taken from a consolidated balance sheet of the twelve Federal Reserve Banks. All figures are in billions of dollars.
In the balance sheet above for the Federal Reserve, there would be assets of:
A. $246 billion
B. $313 billion
C. $320 billion
D. $387 billion
Economics