Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 

The wage rate paid by Walkman producers falls and at the same time the price of raw materials used in the production of Walkmans rises. You predict that the supply curve of Walkmans will

A) shift either leftward or rightward. B) surely shift rightward. C) surely shift leftward. D) surely become steeper.

The table above shows sales of the firms in the chocolate industry. What type of market is this?

A) perfect competition B) monopolistic competition C) oligopoly D) monopoly