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Is it true the demand curve of a monopolistic competitive firm is more elastic than that of a pure monopolist?
YES
Is this true or false an increase in demand is represented by a movement up the demand curve?
That would depend on what point of the curve you mean.
Demand shifters is a number of factors that when they change they will cause the demand curve to shift. True or False?
True
Determinants of demand is a number of factors that when they change they will cause the demand curve to shift. True or False?
True
Is The aggregate demand curve downward sloping for the same reason that the demand curve for a single good is downward sloping?
true because it is still supply and demand downward sloping
True or False the steeper the demand curve the less elastic the demand curve?
It is false that the steeper the demand curve the less elastic the demand curve. The steeper line is used in economics to indicate the inelastic demand curve.
Is it true the demand curve of a monopolistic competitive firm is more elastic than that of a pure monopolist?
YES
Is this true or false an increase in demand is represented by a movement up the demand curve?
That would depend on what point of the curve you mean.
Demand shifters is a number of factors that when they change they will cause the demand curve to shift. True or False?
True
Determinants of demand is a number of factors that when they change they will cause the demand curve to shift. True or False?
True
Is The aggregate demand curve downward sloping for the same reason that the demand curve for a single good is downward sloping?
true because it is still supply and demand downward sloping
In order for a price decrease to increase revenue which of the following must be true A. Demand must be elastic B. Demand must be inelastic. C. Demand must be unit elastic D. Supply must be inelastic?
A)
For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
For a given increase in supply the slope of both demand curve and supply curve affect the change in equilibrium quantity Is this statement true or false Explain with diagrams?
True or False The real wealth effect is one reason for the negative slope of the aggregate demand curve?
true
Why does a demand curve downwards from left to right?
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
Why does a demand curve slope downward from left to to right?
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
Why does a demand curve slope downward left to right?
A demand curve slopes downward left to right because the relationship between price and demand is negative - as price drops demand rises. The opposite is true for a supply curve where as price rises supply rises - the relationship is positive so the supply curve slopes upward from left to right. Nova net answer- because demand decreases as price increases
