Amarket: a. reflects upsloping demand and downsloping supply curves. b. entails the exchange of goods, but not services. c. is an institution that brings together buyers and sellers. d. always requires face-to-face contact between buyer and seller. 2. markets, viewed from the perspective of the supply and demand model: a. assume many buyers and many sellers of a standardized product. b. assume market power so that buyers and sellers bargain with one another. c. do not exist in the real-world economy. d. are approximated by markets in which a single seller determines price.

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Need with my trade theory homework. i doubt what i wrote was right.consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?

What are the period and vertical shift of the cosecant function below? period: ; vertical shift: 1 unit up period: ; vertical shift: 2 units up period: ; vertical shift: 1 unit up period: ; vertical shift: 2 units up?