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

Author Question: In the long run, a monopolistically competitive firm will a. produce a greater variety of goods ... (Read 58 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
In the long run, a monopolistically competitive firm will
 a. produce a greater variety of goods than do firms in other market structures
  b. produce a greater output level than would a perfectly competitive firm
  c. produce where price equals average total cost
  d. earn an economic profit
  e. suffer a loss because of its advertising budget

Question 2

In a direct, majority-rule vote,
 a. all voters get what they want
  b. a majority of voters get exactly what they want
  c. only the median voter is completely satisfied
  d. a minority of voters are dissatisfied
  e. only the median voter is dissatisfied



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

C

Answer to Question 2

C




strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
:D TYSM


kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

For a complete list of videos, visit our video library