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

Author Question: If firms in monopolistic competition are making economic profits, eventually (Read 113 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: May 24, 2019
If firms in monopolistic competition are making economic profits, eventually
◦ they shut down.
◦ they exit the industry.
◦ the market turns into a monopoly.
◦ new firms enter the industry.
◦ the firms in the market increase their production so that their economic profit disappears.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RRMR on May 24, 2019

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: May 24, 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


RRMR

  • Member
  • Posts: 557
Reply 2 on: May 24, 2019
Wow, this really help

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

The procedure for making a karyotype. The procedure for making a karyotype.
Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma
Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
economic question economic question
economic question economic question
Making recombinant DNA molecules Making recombinant DNA molecules
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library