What happens to an incumbent firm's demand curve in monopolistic competition as new firms enter?

If the government intervenes in a labor dispute and requires settlement through binding arbitration, what takes place?

a. A neutral third party makes a decision that both parties must accept. b. A neutral third party makes a decision that both parties may reject. c. One party sues the other in court. d. The two parties negotiate an agreement without assistance and both must accept it. e. The two parties negotiate an agreement with assistance from their attorneys and both must accept it.

In setting an obligatory control on a polluting industry, the government

a. places a tax on the pollution b. creates pollution permits which could be sold on the open market c. creates private property rights for air d. establishes a limit on the amount of pollution a producer is permitted to emit e. offers a subsidy to the polluting firm