The current level of investment depends on the current level of income.

A monopolistically competitive industry that earns economic profits in the short run will

A) experience a rise in demand in the long run. B) experience the entry of new rival firms into the industry in the long run. C) experience the exit of existing firms out of the industry in the long run. D) continue to earn economic profits in the long run.

List the three coordination decisions made by every economy

a. Where? When? How? b. How? What? To whom? c. Why? Where? What? d. When? To Whom? Where?