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

Author Question: Monopolistically competitive firms fail to fully realize their economies of scale. (Read 85 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Apr 19, 2019

Question 1

Monopolies can ________ in the long run while monopolistically competitive firms ________ due to barriers to entry in monopoly but not in monopolistic competition.


◦ break even; cannot
◦ earn positive economic profits; cannot
◦ only break even; can only earn positive economic profits
◦ can never shut down; can

Question 2

Monopolistically competitive firms fail to fully realize their economies of scale.


◦ true
◦ false
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 faduma on Apr 19, 2019

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
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


faduma

  • Member
  • Posts: 528
Reply 2 on: Apr 19, 2019
Excellent

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Decibel Scale of Frequently Heard Sounds Decibel Scale of Frequently Heard Sounds
Apparent Magnitude Scale Apparent Magnitude Scale
Fully Convective Star Fully Convective Star
Saffir-Simpson Scale (Hurricane Intensity Scale) Saffir-Simpson Scale (Hurricane Intensity Scale)
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
The pH scale and relationship between bicarbonate and carbonic acid The pH scale and relationship between bicarbonate and carbonic acid
Video: Inflammation

For a complete list of videos, visit our video library