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

Author Question: In longrun equilibrium for a monopolistically competitive firm, the firm's demand curve is ________ ... (Read 114 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Apr 19, 2019

Question 1

When 
MR = 
MC and 
P = 
ATC for a monopolistically competitive firm, the firm is in


◦ short‐run disequilibrium.
◦ long‐run disequilibrium.
◦ long‐run equilibrium.
◦ neither short‐run nor long‐run equilibrium.

Question 2

In long‐run equilibrium for a monopolistically competitive firm, the firm's demand curve is ________ its average total cost curve.


◦ above
◦ below
◦ just tangent to
◦ either above or below
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rosent76 on Apr 19, 2019

sabina576

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


rosent76

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Apr 19, 2019
TY


sabina576

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

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?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
Classic Supply - Demand Curve Classic Supply - Demand Curve
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ... An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Types of Burns

For a complete list of videos, visit our video library