« previous next »

Author Question: Which of the following is not a characteristic of long-run equilibrium in a monopolistically ... (Read 17 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
Which of the following is not a characteristic of long-run equilibrium in a monopolistically competitive market?
 
  A) Production is at minimum average total cost. B) Marginal revenue equals marginal cost.
  C) Selling price equals average total cost. D) Selling price is greater than marginal cost.

Question 2

The median voter model implies that
 
  A) people in the political middle will be dissatisfied with the amount of spending on government funded projects.
  B) spending on government funded projects reflects the preferences of only those far away from the median.
  C) many people will be satisfied with the amount of spending on government funded projects.
  D) many people will be dissatisfied with the amount of spending on government funded projects.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


mjbamaung

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Testing the effects of long-term fertilizing on inter-actions between mycorrhizal fungi and plants o Testing the effects of long-term fertilizing on inter-actions between mycorrhizal fungi and plants o
Growth of Dendritic Spines After Long-Term Potentiation Growth of Dendritic Spines After Long-Term Potentiation
Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ... Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ...
Brush off front to finish. Long brushing strokes from head to feet to finish. Brush off front to finish. Long brushing strokes from head to feet to finish.
A graphic depiction of predisposing alleles characteristic of a threshold trait within a population, A graphic depiction of predisposing alleles characteristic of a threshold trait within a population,
Demographic transition model for changes in population growth rates and sizes, correlated with long- Demographic transition model for changes in population growth rates and sizes, correlated with long-
Video: Evolutionary tree of life Animation

For a complete list of videos, visit our video library