Assume that the marketplace for sweaters is competitive

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Q1. Assume that the marketplace for sweaters is perfectly competitive. The graph below Explain how the cost curves of a typical manufacturer in the marketplace.

Use the blue rectangle (circle symbols) to shade the profit that the manufacturer makes at a marketplace price of $16.

Q2. The future value of a deposit in a savings account will be larger

a. the longer a person waits to withdraw the funds

b. the higher the interest rate

c. the larger the initial deposit

d. All of the above are correct.

Reference no: EM1317808

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