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Author Question: Productive efficiency does not hold for a profit-maximizing, monopolistically competitive firm in ... (Read 56 times)

jenna1

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on: Jun 29, 2018
Productive efficiency does not hold for a profit-maximizing, monopolistically competitive firm in the long-run equilibrium because the firm operates along the diseconomies-of-scale region of its average total cost curve.
 
  Indicate whether the statement is true or false

Question 2

One result of the public choice model is that most economists believe that
 
  A) policymakers may have incentives to intervene in the economy in ways that do not promote economic efficiency.
  B) the voting paradox will prevent voters from selecting the best person for public office.
  C) when market failure occurs, government intervention will always lead to a more efficient outcome.
  D) government intervention will always result in a reduction in economic efficiency in regulated markets.
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pangili4

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Reply #1 on: Jun 29, 2018
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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jenna1

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

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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