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In the Salop's Model, the equilibrium number of firms is?
A. decreasing with fixed costs and decreasing with transportation costs
B. increasing with fixed costs and decreasing with transportation costs
C. increasing with fixed costs and increasing with transportation costs
D. decreasing with fixed costs and increasing with transportation costs
illustrate a monoply with economic profits, with a loss, break-even.
illustrate a Perfectly competltive firm with economic profits ,with a loss, beak-even
illustrate a Monpoly with socially optimum price and fair return price
Which of the following best illustrates the relationship between entities and attributes?
A) The entity CUSTOMER with the attribute PRODUCTB) The entity CUSTOMER with the attribute PURCHASEC) The entity PRODUCT with the attribute PURCHASED) The entity PRODUCT with the attribute CUSTOMERE) The entity PURCHASE with the attribute CUSTOMER