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Author Question: Unlike a perfectly competitive firm, for a monopolistically competitive firm A) price marginal ... (Read 267 times)

809779

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on: Jun 29, 2018
Unlike a perfectly competitive firm, for a monopolistically competitive firm
 
  A) price  marginal cost for all output levels.
  B) price  average revenue for all output levels.
  C) price  marginal revenue for all output levels.
  D) marginal revenue = marginal cost at the profit-maximizing output.

Question 2

Which of the following is not a shortcoming of the concentration ratio as a measure of the extent of competition in an industry?
 
  A) Concentration ratios are calculated for the national market, even though the competition in some industries is mainly local.
  B) Concentration ratios do not address the fact that competition sometimes exists between firms in different industries.
  C) Concentration ratios assign weights to only the four largest firms in an industry.
  D) Concentration ratios do not include sales in the United States by foreign firms.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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joanwhite

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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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809779

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

frankwu0507

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

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