In the long run, a firm in monopolistic competition has its price equal to ________ and also has its price ________.
A) marginal cost; exceeding its average total cost.
B) marginal cost; equal to its average total cost
C) average total cost; exceeds its marginal cost
D) average total cost; less than its marginal cost
Question 2
If the combination of goods consumed at point C is preferred to combination D then
A) point C is on a higher indifference curve.
B) point C is on the same indifference cure but at a point where the vertical axis value is greater than point D's vertical axis value.
C) point C is on a lower indifference curve.
D) point C is on the same indifference curve but at a point where the horizontal axis value is greater than point D's horizontal axis value.
Bururi long-fingered frog (Cardioglossa cyaneospila)
Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma
Ayurvedic massage. Long sweeping stroke from foot around shoulder and down the arm, recipient prone.
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Kepler’s Law of Equal Areas
An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ...