In monopolistically competitive markets, advertising is an ____ type of non-price competition because it is used to ____ the demand for a firm's products

If the price elasticity of demand for football tickets is 4.5, then a 10 percent increase in the price of football tickets will generate a

a. 4.5 percent decrease in quantity demanded b. 4.5 percent increase in quantity demanded c. 45 percent decrease in quantity demanded d. 45 percent increase in quantity demanded e. 450 percent increase in quantity demanded

Bank failures in the U.S

a. occurred frequently through the 1960s and declined since then. b. occurred infrequently through the 1960s and have become more common since then. c. occurred frequently through the 1930s, declined after that time, and became more common in 2008. d. occurred infrequently through the 1930s, increased after that time, and became less common in 2008.