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 36 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
Wow, this really help

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Hematoma. A hematoma around the right eye caused by an injury. A hematoma is the result of bleeding Hematoma. A hematoma around the right eye caused by an injury. A hematoma is the result of bleeding
SDS PAGE Result SDS PAGE Result
Pressure is a result of the atmosphere’s mass. Pressure is a result of the atmosphere’s mass.
Pulmonary Congestion, which May Result from Congestive Heart Failure Pulmonary Congestion, which May Result from Congestive Heart Failure
As a result of a hole in the graph, which of the following functions does not have an average ... As a result of a hole in the graph, which of the following functions does not have an average ...
Phenotype patterns in the F2 of a dihybrid cross that result from epistatic gene interaction Phenotype patterns in the F2 of a dihybrid cross that result from epistatic gene interaction
Video: Structures that affect circulation - arterioles and vasomotor responses

For a complete list of videos, visit our video library