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 49 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?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

The human oxygen-hemoglobin dissociation curve. The human oxygen-hemoglobin dissociation curve.
Chemical equilibrium and the law of mass action. Chemical equilibrium and the law of mass action.
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
The Hardy–Weinberg Equilibrium The Hardy–Weinberg Equilibrium
The Hardy–Weinberg equilibrium for two autosomal alleles. The Hardy–Weinberg equilibrium for two autosomal alleles.
Video: Central Nervous System Animation

For a complete list of videos, visit our video library