For each of the following characteristics, say whether it describes a monopoly firm, a monopolistically competitive firm, both, or neither. (Note: If the characteristic describes neither, leave the entire row unchecked.)

Characteristic: Monopoly /Monopolistically Competitive

1. Faces a downward-sloping demand curve

2. Has marginal revenue less than price

3. Faces the entry of new firms selling similar products

4. Earns economic profit in the long run

5. Equates marginal revenue and marginal cost

6. Produces the socially efficient quantity of output

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Ineed the options .

Ithink its a hope it ! : )

How can we answer it? we need more info on the question lol.