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

Author Question: In the long run, monopolistically competitive firms have: a. excess capacity. b. positive profits. ... (Read 24 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
In the long run, monopolistically competitive firms have:
 a. excess capacity.
  b. positive profits.
  c. minimal average costs.
  d. homogeneous production.

Question 2

Given the prices of two goods, all quantity combinations inside the budget line are:
 a. indifferent.
  b. efficient.
  c. unattainable.
  d. attainable.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


APUS57

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Local/long distance cell Signaling Local/long distance cell Signaling
Stay positive Stay positive
The opening of the throttle plate can be delayed as long as 30 milliseconds (0.030 sec) to allow ... The opening of the throttle plate can be delayed as long as 30 milliseconds (0.030 sec) to allow ...
How to find two positive angles less than 360° for a reciprocal trigonometric function (secant) How to find two positive angles less than 360° for a reciprocal trigonometric function (secant)
Apply the substance to the arm with long, smooth strokes, then cover the arm and abdomen with the ... Apply the substance to the arm with long, smooth strokes, then cover the arm and abdomen with the ...
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library