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

Author Question: For a firm in monopolistic competition, innovation and product development are (Read 60 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: May 24, 2019
For a firm in monopolistic competition, innovation and product development are
◦ senseless because economic profit is always zero in the long run.
◦ necessary in order to have a chance of making at least a short-run economic profit.
◦ inconsequential because each firm produces a different product.
◦ necessary to allow new firms to enter.
◦ uncommon because other firms already produce similar products.
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 Redwolflake15 on May 24, 2019

tkempin

  • Sr. Member
  • ****
  • Posts: 332
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 49% of students answer this correctly


Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: May 24, 2019
TY


tkempin

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: May 24, 2019
You're welcome


« previous next »
 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Cervical cancer (a) Top view of the uterus showing the presence of a tumor in the wall of the cervix Cervical cancer (a) Top view of the uterus showing the presence of a tumor in the wall of the cervix
Brain Development Brain Development
Role of DISC1 in the Development of Schizophrenia Role of DISC1 in the Development of Schizophrenia
Development of Atherosclerosis Development of Atherosclerosis
Development of Blood Vessels & Blood Development of Blood Vessels & Blood
Seven-week embryo showing development of arm, forearm, and hand Seven-week embryo showing development of arm, forearm, and hand
Video: Conduction of action potentials

For a complete list of videos, visit our video library