Characteristics shared by monopolistically competitive markets and perfectly competitive markets include:
a. differentiated products.
b. advertising
c. many sellers.
d. brand identity.
c
Economics
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A change in a third variable not on either axis of a graph is illustrated with a:
a. horizontal or vertical line. b. movement along a curve. c. shift of a curve. d. point of intersection.
Economics
An expansion in a country's capital stock is associated with a(n) _____
a. increase in potential GDP b. decline in future consumption c. increase in human capital d. decline in the rate of investment e. increase in national debt
Economics