When firms incur unplanned inventories, they typically

a. build new plants.
b. call for more government spending.
c. hire more workers and increase production.
d. lay off workers and reduce production.

D

Economics

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A higher interest rate makes _____ less attractive. Therefore the quantity of loanable funds demanded decreases

Fill in the blank(s) with correct word

Economics

Monopolistically competitive markets and oligopolies are similar in that

A) the number of firms is identical. B) the kinked demand curve can be used to analyze the firms' pricing decisions. C) there is mutual interdependence amongst the firms. D) nonprice competition is a tool used.

Economics