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Author Question: If regulators were to ensure that monopolistically competitive firms follow a marginal cost-pricing ... (Read 56 times)

altibaby

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on: Jun 30, 2018
If regulators were to ensure that monopolistically competitive firms follow a marginal cost-pricing rule:
 a. new firms would be likely to enter the market.
 b. the most efficient firms would not likely be affected.
  c. all firms would experience losses.
 d. firms would operate at the most efficient scale.

Question 2

The farmer's association is a type of government with unlimited jurisdiction.
  Indicate whether the statement is true or false


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Chou

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

F


altibaby

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

marict

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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