Brand loyalty in monopolistically competitive markets manifests itself as
A) upward sloping marginal cost curves.
B) downward sloping demand curves.
C) downward sloping marginal cost curves.
D) upward sloping demand curves.
B
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Which of the following shifts the demand curve for movie downloads rightward?
A) a decrease in the price of downloading a movie B) a 10 percent increase in people's income if movie downloads are a normal good C) a decrease in the price of cable television service D) an increase in the quantity and quality of programming included in the basic cable television service package
The CPI is a measure of the overall cost of the goods and services bought by
a. a typical consumer, and the CPI is computed and reported by the Department of the Treasury. b. typical consumers and typical business firms, and the CPI is computed and reported by the Department of the Treasury. c. a typical consumer, and the CPI is computed and reported by the Bureau of Labor Statistics. d. typical consumers and typical business firms, and the CPI is computed and reported by the Bureau of Labor Statistics.