1. When the demand is inelastic, the market structure that the buyer and seller transacts is called?
2. The demand curve can only illustrate the relationship of two variables. How do we expressed the existence of another variable?
3. What causes the changing of data points in the initial demand curve?
4. These factors that makes the demand curve shifts to the right and left, whenever there are changes.
5. The relationship of price and quantity, illustrated by the supply curve.
6. The bottom line of suppliers when they favor high prices and lower costs.
7. What does the buyer and seller creates when they agree on the same value of commodity?
8. What initiates the entry of new sellers in the same industry?
9. As a market maker, how are you going to increase profit given demand is low?
10. Discrimination of price depends on what consideration?
11. The best strategy in a monopolistic competition given all things are the same.
12. What is the major element of resource based view?
13. According to the five forces model, how are the elements should be to make the industry attractive?