In monopolistic competition, the demand curve for a firm's product is negatively sloped because of
A) barriers to entry.
B) no barriers to entry.
C) product differentiation.
D) economies of scale.
C
Economics
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The population growth rate of the DVCs (developing countries) as a group in recent decades has been:
A. Steady B. Declining C. Rising modestly D. Rising rapidly
Economics
Which of the following is used to illustrate an independent relationship between two variables?
A. An upward-sloping curve B. A downward-sloping curve C. A hill-shaped curve D. A horizontal or vertical line
Economics