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Author Question: When ________for a monopolistically competitive firm, the firm is in long-run equilibrium. (Read 108 times)

ahriuashd

  • Hero Member
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  • Posts: 535
on: Apr 19, 2019

Question 1

Firms will ________ a monopolistically competitive market until ________ are eliminated.


◦ exit; losses
◦ enter; losses
◦ exit; short-run profits
◦ exit; long-run profits

Question 2

When 
________ for a monopolistically competitive firm, the firm is in long-run equilibrium.


◦ MR = 
MC and 
P > 
ATC
◦ MR > 
MC and 
P > 
ATC
◦ MR = 
MC and 
P = 
ATC
◦ MR < 
MC and 
P < 
ATC
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ahriuashd on Apr 19, 2019

Kedrick2014

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ahriuashd

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  • Posts: 535
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

Dinolord

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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