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Author Question: The above figure shows the situation of a monopolistic competitor in the short run. The maximum ... (Read 82 times)

lbcchick

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on: Jun 29, 2018
The above figure shows the situation of a monopolistic competitor in the short run. The maximum economic profits of the firm equal
 
  A) 50,000.
  B) 30,000.
  C) 15,000.
  D) zero.

Question 2

Under present U.S. federal law, which one of the following is a government-inhibited good?
 
  A) housing
  B) medical care
  C) marijuana
  D) education


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Pswine

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


lbcchick

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mjenn52

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

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