« previous next »

Author Question: The long-run equilibrium for a monopolistically competitive firm occurs ________. A) at the ... (Read 92 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Jun 29, 2018
The long-run equilibrium for a monopolistically competitive firm occurs ________.
 
  A) at the minimum point of the marginal cost curve
  B) at the minimum point of the average cost curve
  C) along the downward sloping portion of its average total cost curve
  D) along the upward sloping portion of its average total cost curve

Question 2

According to the text, paper money probably first evolved from
 
  A) the Federal Reserve.
  B) the early American savings and loan institutions.
  C) goldsmiths.
  D) the Bank of England.


Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Comparison of reactions at equilibrium and steady state Comparison of reactions at equilibrium and steady state
A long, narrow cobbled street in Old San Juan. A long, narrow cobbled street in Old San Juan.
Types of Long-Term Memories Types of Long-Term Memories
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Automated external defibrillator (AED)

For a complete list of videos, visit our video library