A market with easy entry could include

A) perfect competition.
B) monopolistic competition.
C) an oligopoly.
D) a. and b. are possible

D

Economics

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Typically, the more time suppliers have to adjust to changing market conditions,

A) the more elastic the supply curve. B) the more elastic the demand curve. C) the less elastic the supply curve. D) the less elastic the demand curve.

Economics

Solow's growth model improved upon the Harrod-Domar results by

a. incorporating technological change into the model b. making a economic growth a reasonable outcome rather than one dictated by specialcircumstances c. assuming that GDP would fluctuate, rather than grow steadily d. removing investment from the model e. none of the above

Economics