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Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Question
Answer
show Non-price competition  
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A major characteristic of monopolistic competition is that prices will be   show
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A cartel is able to survive only If   show
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The main difference between monopolistic competition in perfect competition is that   show
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Which legislation enacted in 1947 may have been the reason for the decline in union membership   show
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What is one of a labor unions primary goals   show
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What is considered a negative impact of a strike on an employer   show
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In which sectors has union membership grown in recent years   show
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A government aim and giving an antitrust exemption to sports leagues is   show
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A discounted airline fare is a price discrimination that can be offered because   show
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show Encourage firms to develop new products that benefit society  
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show The price at which the profit it maximized  
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For which of the following goods is supply likely to be inelastic in the short term weather prices rise or fall   show
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show Some producers produce less and others drop out of the market  
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show It lists supply for a specific good  
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show It always rises from left to right  
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How can expectations about the future change consumer behavior   show
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show By helping to create fads and trends  
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show When goods are used together  
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What can cause an entire demand curve to shift   show
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Why does an economic create a market demand schedule   show
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show You are willing and able to buy it at the given price  
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If prices rise but not income what is the effect on demand   show
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show Consumers will buy the cheaper item B as a substitute  
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show The good becomes more expensive to produce  
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How does the new technology generally affect production   show
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show To have food in case imports are ever restricted  
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show Store these goods until the price goes up  
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Created by: lacimcadow