If in monopolistic competition in the short run, firms make ________ profits, then in the long run, new firms will enter the market. The ________ each individual firm's product will ________.
In the new long-run equilibrium firms will make ________ profit. A) economic; demand for; decrease; zero economic
B) normal; demand for; increase; zero economic
C) economic; supply of; decrease; an economic
D) economic; supply of; increase; zero economic
Question 2
Refining gasoline for our cars requires a very specialized resource, crude oil. As a result, the
A) demand for gasoline is price elastic.
B) demand for gasoline is price inelastic.
C) supply of gasoline is price elastic.
D) supply of gasoline is price inelastic.
Competition can be (a) direct, or (b) indirect interaction among individuals of the same or differen
To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The
European swimming competition
Long-term relationships, especially those who are married, having a child
The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ...
Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take