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

Author Question: If ATC> P, then a profit-maximizing, monopolistically competitive firms earns ________ economic profits. (Read 60 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Apr 19, 2019

Question 1

If 
P > 
ATC, then a profit-maximizing, monopolistically competitive firm earns ________ economic profits.


◦ positive
◦ negative
◦ zero
◦ either positive or negative

Question 2

If 
ATC > 
P, then a profit-maximizing, monopolistically competitive firms earns ________ economic profits.


◦ positive
◦ negative
◦ zero
◦ either positive or negative
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 bb on Apr 19, 2019

shailee

  • Sr. Member
  • ****
  • Posts: 392
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 56% of students answer this correctly


bb

  • Member
  • Posts: 544
Reply 2 on: Apr 19, 2019
Excellent

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« 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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Social Capability and Economic Growth Social Capability and Economic Growth
Population Density versus Economic Growth Population Density versus Economic Growth
economic economic
economic question economic question
economic question economic question
economic question economic question
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library