This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is not true of long run equilibrium under monopolistic competition? a. Price ... (Read 95 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

D


iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Excellent

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

The U.S. Long-Term Ecological Research (LTER) network. The U.S. Long-Term Ecological Research (LTER) network.
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
European swimming competition European swimming competition
Application of the Hardy–Weinberg equilibrium Application of the Hardy–Weinberg equilibrium
Video: Deafness Culture

For a complete list of videos, visit our video library