As the number of firms in an industry increases, the residual demand curve becomes
A) more elastic.
B) less elastic.
C) larger.
D) vertical.
A
Economics
You might also like to view...
The United States became a net debtor because
A) it ran consistently large current account deficits. B) it ran consistently large current account surpluses. C) it lent a lot to people in foreign countries. D) it provided much foreign aid to other countries.
Economics
______ are end results that require action
a. Goals b. Attitudes c. Values d. Problems
Economics