This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In long-run equilibrium, a monopolistically competitive firm will produce a. at the minimum average ... (Read 38 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
In long-run equilibrium, a monopolistically competitive firm will produce
 a. at the minimum average cost
  b. at full capacity
  c. along the downward-sloping portion of its ATC curve
  d. along the upward-sloping portion of its ATC curve
  e. at the minimum of marginal cost

Question 2

An example of competing-interest legislation is
 a. a quota that limits imports of steel to the United States
  b. a subsidy to cigarette producers
  c. tax breaks for auto manufacturers
  d. a new bridge in Arizona funded by general tax revenues
  e. public education subsidies


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Local/long distance cell Signaling Local/long distance cell Signaling
The Procedure Used to Produce Conditioned Emotional Responses The Procedure Used to Produce Conditioned Emotional Responses
Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ... Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ...
Lineweaver–Burk plots of the reactions with and without a competitive inhibitor Lineweaver–Burk plots of the reactions with and without a competitive inhibitor
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Average Annual Growth Rates of Population by Country Group Average Annual Growth Rates of Population by Country Group
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library