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Author Question: Monopolistically competitive firms in longrun equilibrium produce at ________ the optimal scale. (Read 64 times)

jake

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on: Apr 19, 2019

Question 1

We know that monopolistically competitive firms prevent the efficient use of resources because they produce where


◦ P > 
ATC.
◦ P > 
MC.
◦ MR > 
P.
◦ P = 
MC.

Question 2

Monopolistically competitive firms in long‐run equilibrium produce at ________ the optimal scale.


◦ more than
◦ exactly
◦ less than
◦ sometimes more and sometimes less than
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jake on Apr 19, 2019

cadimas

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Reply #1 on: Apr 19, 2019
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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jake

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Reply #2 on: Apr 19, 2019
Thanks


cadimas

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Reply #3 on: Apr 19, 2019
Welcome :)


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