If a firm in a monopolistically competitive market has a demand curve shifting to the right, it is likely that:
A. positive economic profits are being earned.
B. firms are entering the market.
C. the selling price is less than the average total cost of the firm.
D. All of these statements are true.
A. positive economic profits are being earned.
Economics
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As nations become richer they tend to pollute:
A. Less, and offer better protection for sensitive ecosystems B. Less, but offer worse protection for sensitive ecosystems C. More, and offer worse protection for sensitive ecosystems D. More, but offer better protection for sensitive ecosystems
Economics
In the demand and supply analysis of ___________ markets, the “price” is the rate of return or the interest rate received.
a. financial b. retail c. industrial d. agricultural
Economics