1 answer

The costs of changing prices in imperfectly competitive industries do not include O A. loss of...

Question:

The costs of changing prices in imperfectly competitive industries do not include O A. loss of customer goodwill O B. trackin
Which of the following industries are monopolistically competitive? A Home renovation firms B. Textbook publishing (approxima
The costs of changing prices in imperfectly competitive industries do not include O A. loss of customer goodwill O B. tracking price changes for biling purposes. OC. notifying all retailers OD printing costs O E. changing output
Which of the following industries are monopolistically competitive? A Home renovation firms B. Textbook publishing (approximately 10 introductory economics textbooks are in use on campuses in Canada this year) C. Cigarette manufacturing D. Post-secondary education D E. None of the above

Answers

1. E
(Cost of changing prices do not include changing the output.)

2. D
(Post secondary education is monopolistically competitive.)

.

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