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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #726454
Introduction to Economics 1 Deneme Sınavı Sorusu #726454
Which of the following statements does not happen when monopolistically competitive firms enjoy positive profits?
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New firms enter into the market. |
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The number of differentiated products in the market increase. |
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A number of consumers are attracted to the new products. |
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Demand curve facing an existing monopolistic firm increases. |
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Demand for old products in the market decrease. |
Yanıt Açıklaması:
Demand curve facing an existing monopolistic firm decreases and shifts to the left as new firms enter into the market. The Correct Answer is D.
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