A monopolistically competitive firm derives its ability to influence price from:
a. the perfectly elastic demand curve it faces
b. barriers to entry.
c. its product, which is differentiated in some way from competing products.
d. its position as the sole supplier in the market.
c
Economics
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The total federal debt is equal to
A) the total value of all U.S. currency in circulation. B) the sum of all past deficits minus the sum of all past surpluses. C) the federal budget deficit minus the federal budget surplus. D) annual federal tax receipts plus annual federal expenditures.
Economics
In Canada, there are no preferences given to Canadian tv networks and programming over U.S. networks and programming
Indicate whether the statement is true or false
Economics