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Author Question: In the long run, a monopolistically competitive firm will a. produce a greater variety of goods ... (Read 57 times)

strangeaffliction

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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



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Ptupou85

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Answer to Question 1

C

Answer to Question 2

C




strangeaffliction

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


carlsona147

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Reply 3 on: Yesterday
Excellent

 

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