The circular flow diagram is a model of the Flow of goods, services, and payments between households and firms Interaction among taxes, prices, and profits Role of unions and government in the economy Influence of government on business behavior Skip this question (or leave all choices blank)One important difference between monopoly and monopolistic competition is the point that the marginal revenue and demand curves are the same for a monopoly slope of the demand curve that the firms faces. point there are no barriers to entry in monopolistic competition. greater restriction of output in monopolistic competition. Skip this question (or leave all choices blank)If the supply of pineapples decrease and the demand for pineapples decreases, what will happen to the equilibrium price and equilibrium quantity? Price will decrease and quantity will increase Price will increase and quantity will decrease Price will be indeterminate and quantity will increase Price will be indeterminate and quantity will decrease Skip this question (or leave all choices blank)