Why do most firms in monopolistic competition typically make zero profit in the long run?
A) because the lack of entry barriers would compete away profits
B) because the total market is not large enough to accommodate so many firms
C) because firms do not produce at their minimum efficient scale
D) because firms produce differentiated products
Question 2
Profit is the difference between
A) total revenue and total explicit cost. B) total revenue and total cost.
C) total revenue and variable cost. D) marginal revenue and marginal cost.
Connell's experimental manipulation of species indicated the presence of competition.
A herd of barren-ground caribou at the Thelon River. This subspecies is a long-distance migrant
(a) The relative age ranges of different dating techniques depend upon the half-life of the system u
Composition of a long bone
Long noncoding RNAs mediate transcriptional activation