« previous next »

Author Question: The long-run equilibrium for a monopolistically competitive firm occurs ________. A) at the ... (Read 51 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Jun 29, 2018
The long-run equilibrium for a monopolistically competitive firm occurs ________.
 
  A) at the minimum point of the marginal cost curve
  B) at the minimum point of the average cost curve
  C) along the downward sloping portion of its average total cost curve
  D) along the upward sloping portion of its average total cost curve

Question 2

According to the text, paper money probably first evolved from
 
  A) the Federal Reserve.
  B) the early American savings and loan institutions.
  C) goldsmiths.
  D) the Bank of England.


Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Medication errors are three times higher among children and infants than with adults.

The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
Major Categories of Long-Term Memory Major Categories of Long-Term Memory
Brush off the back. Apply several long brushing strokes from head to hips to finish the session. Brush off the back. Apply several long brushing strokes from head to hips to finish the session.
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
A pipe that is 0.46 m long and open at both ends vibrates in the second overtone with a ... A pipe that is 0.46 m long and open at both ends vibrates in the second overtone with a ...
Video: Griffith's experiments

For a complete list of videos, visit our video library