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 34 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
Excellent

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Endochondral ossification of long bone. Endochondral ossification of long bone.
Clear the thigh with long strokes. Start superior to the patella; place your full flat hand and ... Clear the thigh with long strokes. Start superior to the patella; place your full flat hand and ...
Firm handshake Firm handshake
Write the acidic equilibrium equation for HC₆H₅O. Write the acidic equilibrium equation for HC₆H₅O.
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library