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Author Question: In the long run, what happens to the demand curve facing a monopolistically competitive firm that is ... (Read 183 times)

daltonest1984

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on: Jun 29, 2018
In the long run, what happens to the demand curve facing a monopolistically competitive firm that is earning short-run profits?
 
  A) The demand curve will shift to the right and became more elastic.
  B) The demand curve will shift to the right and became less elastic.
  C) The demand curve will shift to the left and became more elastic.
  D) The demand curve will shift to the left and became less elastic.

Question 2

Marginal cost is equal to the
 
  A) change in total cost divided by the change in output.
  B) change in average total costs divided by the change in output.
  C) change in average product divided by the change in output.
  D) change in total product divided by the change in output.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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catron30

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Reply #1 on: Jun 29, 2018
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.
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daltonest1984

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Reply 2 on: Jun 29, 2018
Gracias!

rleezy04

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Reply 3 on: Yesterday
Wow, this really help

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