Principles Of Microeconomics

 

 

 

 

Aside from advertising, how can monopolistically
competitive firms increase demand for their products?

2.. Make a case for why monopolistically competitive

industries never reach long-run equilibrium

3.Are unions and technological improvements

complementary? Why or why not?

4. Will union membership continue to decline? Why

or why not?

5. If it is not profitable to discriminate, why does

discrimination persist?

6. If a company has discriminated against minorities

in the past, should it be required to give priority to

minority applicants today? Why or why not?

7. Why are there not a lot of Oligopolies?

 

 

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