Why do most firms in monopolistic competition typically make zero profit in the long run?
A) because the lack of entry barriers would compete away profits
B) because the total market is not large enough to accommodate so many firms
C) because firms do not produce at their minimum efficient scale
D) because firms produce differentiated products
Question 2
Profit is the difference between
A) total revenue and total explicit cost. B) total revenue and total cost.
C) total revenue and variable cost. D) marginal revenue and marginal cost.
Long-day stimulation of flower development in Arabidopsis.
A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another.
Despite the globe’s vast social change, people all over the world continue to make race a ...
Brush off front to finish. Long brushing strokes from head to feet to finish.
Brush off the back. Apply several long brushing strokes from head to hips to finish the session.