This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is not true of long run equilibrium under monopolistic competition? a. Price ... (Read 102 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
Which of the following is not true of long run equilibrium under monopolistic competition?
 a. Price equals marginal cost.
 b. Price equals average cost.
 c. Price equals minimum average total cost.
  d. None of the above.

Question 2

How can the government cut the cost of negotiation among car owners regarding LoJack installation?
 a. The government can impose a quota on the import of LoJacks.
  b. The government can invite public opinion on LoJacks.
  c. The government can limit the number of companies producing LoJacks.
  d. The government can randomly select cars to install LoJacks.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juliaf

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

D




iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Wow, this really help


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library