Which one of these firms would be a monopolistic competitor?
A. AT&T
B. A local phone company
C. A Tex-Mex restaurant in San Antonio, Texas
D. The only used car dealer within 300 miles of Livingston, Montana
C. A Tex-Mex restaurant in San Antonio, Texas
Economics
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From 1800-1860 which part of the nation was most opposed to high tariffs?
a. South. b. New England. c. Middle Atlantic States. d. Far Western States.
Economics
Average costs_____ initially due to the presence of fixed costs and then _____due to increasing marginal costs
a. rise; rise b. rise; fall c. fall; rise d. fall; fall
Economics