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Author Question: A monopolistically competitive firm maximizes profit where A) price > marginal cost. B) total ... (Read 200 times)

fox

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on: Jun 29, 2018
A monopolistically competitive firm maximizes profit where
 
  A) price > marginal cost. B) total revenue > marginal cost.
  C) marginal revenue > average revenue. D) price = marginal revenue.

Question 2

The value of the four-firm concentration ratio that many economists consider indicative of the existence of an oligopoly in a particular industry is
 
  A) anything greater than 10 percent. B) anything greater than 40 percent.
  C) anything greater than 30 percent. D) anything greater than 20 percent.
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joneynes

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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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fox

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kjohnson

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

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