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Author Question: A firm in monopolistic competition can determine what price to charge for its product because of ... (Read 131 times)

newbem

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A firm in monopolistic competition can determine what price to charge for its product because of
 
  A) barriers to entry.
  B) economies of scale.
  C) product differentiation.
  D) the fact there are many buyers.

Question 2

The marginal product and average product curves
 
  A) never intersect.
  B) intersect at the maximum point of the marginal product curve.
  C) intersect at the maximum point of the average product curve.
  D) do not intersect at any predictable point.



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Hikerman221

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Answer to Question 1

C

Answer to Question 2

C




newbem

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


CAPTAINAMERICA

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Reply 3 on: Yesterday
:D TYSM

 

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