In long-run equilibrium, a monopolistically competitive firm will ...

[Zulu123]

In long-run equilibrium, a monopolistically competitive firm will produce
 a. at the minimum average cost
  b. at full capacity
  c. along the downward-sloping portion of its ATC curve
  d. along the upward-sloping portion of its ATC curve
  e. at the minimum of marginal cost

Question 2

An example of competing-interest legislation is
 a. a quota that limits imports of steel to the United States
  b. a subsidy to cigarette producers
  c. tax breaks for auto manufacturers
  d. a new bridge in Arizona funded by general tax revenues
  e. public education subsidies

[anyusername12131]

Answer to Question 1

C

Answer to Question 2

A

[Zulu123]

Excellent

[Liddy]

Thanks for the timely response, appreciate it