Because the monopolistically competitive firm faces a ________ demand curve for its product, it ________ the price of its output

Define import substitution. Evaluate the success of import substitution strategies in developing countries

What will be an ideal response?

When supply changes there is a ____, and when the price changes there is a ____. Question 23 options:

A. movement along the supply curve; shift in the supply curve B. shift in the supply curve; shift in the supply curve C. shift in the supply curve; movement along the supply curve D. movement in the quantity supplied; shift in selling plans E. change in the quantity supplied; change in supply