This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is the result of competing through advertising for a monopolistically ... (Read 14 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
on: Jun 30, 2018
Which of the following is the result of competing through advertising for a monopolistically competitive firm?
 a. Long-run average costs shift downward.
  b. The firm's demand curve become flatter and shifts inward.
  c. The firm's demand curve keeps the same slope and shifts inward.
  d. Long-run average costs shift upward.

Question 2

Implicit costs are best thought of as:
 a. variable costs.
  b. marginal costs.
  c. accounting costs.
  d. opportunity costs.
  e. sunk costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

patma1981

  • Sr. Member
  • ****
  • Posts: 292
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


plus1

  • Member
  • Posts: 676
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

An example showing a modification that has occurred as a result of biological evolution An example showing a modification that has occurred as a result of biological evolution
A melanistic jaguar at the Henry Doorly Zoo. Melanism is the result of a dominant allele and remains A melanistic jaguar at the Henry Doorly Zoo. Melanism is the result of a dominant allele and remains
Colles’ A break in the distal portion of the radius; often the result of reaching out to cushion a f Colles’ A break in the distal portion of the radius; often the result of reaching out to cushion a f
Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o
The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
Competing Theories of Emotion Competing Theories of Emotion
Video: Muscular Dystrophy

For a complete list of videos, visit our video library