This topic contains a solution. Click here to go to the answer

Author Question: If a monopolistically competitive seller's marginal cost is $3.56, the firm will increase its output if (Read 6 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
If a monopolistically competitive seller's marginal cost is $3.56, the firm will increase its output if
◦ its marginal revenue is less than $3.56.
◦ its marginal revenue is equal to $3.56.
◦ its marginal revenue is more than $3.56.
◦ average total cost is less than $3.56.
◦ Both answers its marginal revenue is less than $3.56 and average total cost is less than $3.56 are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by darbym82 on May 24, 2019

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
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.
Answer Preview
Only 56% of students answer this correctly




darbym82

  • Member
  • Posts: 570
Reply 2 on: May 24, 2019
Excellent


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library