The combination of barriers to entry that create monopolies and the product differentiation that characterizes monopolistic competition provide the setting for the creation of an oligopoly
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following factors will NOT cause a shift in the demand for a good?
A) A change in consumer incomes B) A change in the market price of the good C) A change in the number of consumers D) A change in tastes and preferences
Economics
The economic impact of the multiplier is ____, and then becomes ____
a. slow, faster b. small, tiny c. large, smaller d. small, larger
Economics