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

Author Question: Monopolistically competitive firms in longrun equilibrium produce at ________ the optimal scale. (Read 83 times)

jake

  • Hero Member
  • *****
  • Posts: 538
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jake on Apr 19, 2019

cadimas

  • Sr. Member
  • ****
  • Posts: 362
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.
Answer Preview
Only 64% of students answer this correctly


jake

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Apr 19, 2019
Thanks


cadimas

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Glasgow Coma Scale Glasgow Coma Scale
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Competitive firms and maximization Competitive firms and maximization
Human embryo at successive stages of development (not to scale). Human embryo at successive stages of development (not to scale).
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library